Medan Mutiara
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM360,000
|
RM515
|
700 sqft
|
|
|
|
Level 3
|
RM300,000
|
RM429
|
700 sqft
|
|
|
|
Level 1
|
RM300,000
|
RM429
|
700 sqft
|
|
|
|
Level 3
|
RM325,000
|
RM465
|
700 sqft
|
|
|
|
Level G
|
RM330,000
|
RM472
|
700 sqft
|
|
|
|
Level 3
|
RM305,000
|
RM436
|
700 sqft
|
|
|
|
Level 2
|
RM296,000
|
RM423
|
700 sqft
|
|
|
|
Level 3
|
RM295,000
|
RM422
|
700 sqft
|
|
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Medan Mutiara
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
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Market Snapshot
ResidentialRM305,000
RM436 psfMedian transaction price
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMedan Mutiara in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2026, with a median price of RM305K and a median price per square foot (PSF) of RM436.
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 RM305K, with most transactions falling within a stable range of RM295K to RM315K, and a typical market range of RM295K to RM320K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM436, with most transactions between RM422 and RM450. The usual range is RM414.43 to RM457.43, showing that most units are priced quite close to each other. A typical spread (IQR) of RM43.00 and an average deviation (MAD) of RM14 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.