Area Intelligence

MEDAN MUTIARA

6 properties
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Median Price
RM 302,500
PSF: RM 433

Residential Market

Median Price

RM 302,500

IQR: RM 33
MAD: RM 10
RM 433 PSF 0.7%

PSF Trends (2021-2025)

MEDAN MUTIARA in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 303K and a median price per square foot (PSF) of RM 433.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 303K, with most transactions falling within a stable range of RM 296K to RM 310K, and a typical market range of RM 295K to RM 314K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 433, with most transactions between RM 423 and RM 443. The usual range is RM 415.88 to RM 449.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.25 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MEDAN MUTIARA, Timur Laut, Penang

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Transactions

6 properties found

Flat
RM 300,000
700 sqft Mar 2024
RM 429.00 PSF
Flat
RM 325,000
700 sqft Jul 2023
RM 465.00 PSF
Flat
RM 330,000
700 sqft May 2023
RM 472.00 PSF
Flat
RM 305,000
700 sqft Oct 2022
RM 436.00 PSF
Flat
RM 296,000
700 sqft Sep 2022
RM 423.00 PSF
Flat
RM 295,000
700 sqft Feb 2022
RM 422.00 PSF