Medan Mutiara
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| LIST.MY · Medan Mutiara | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2025 | |||||
|
Level G
|
RM360,000
|
RM515
|
700 sqft
|
|
Flat |
|
Level 3
|
RM300,000
|
RM429
|
700 sqft
|
|
Flat |
| 2024 | |||||
|
Level 1
|
RM300,000
|
RM429
|
700 sqft
|
|
Flat |
| 2023 | |||||
|
Level 3
|
RM325,000
|
RM465
|
700 sqft
|
|
Flat |
|
Level G
|
RM330,000
|
RM472
|
700 sqft
|
|
Flat |
| 2022 | |||||
|
Level 3
|
RM305,000
|
RM436
|
700 sqft
|
|
Flat |
|
Level 2
|
RM296,000
|
RM423
|
700 sqft
|
|
Flat |
|
Level 3
|
RM295,000
|
RM422
|
700 sqft
|
|
Flat |
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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
Market Snapshot
ResidentialRM302,500
RM432 psfMedian transaction price
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMedan Mutiara in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM303K and a median price per square foot (PSF) of RM432.
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 RM303K, with most transactions falling within a stable range of RM295K to RM324K, and a typical market range of RM295K to RM318K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM432, with most transactions between RM402 and RM463. The usual range is RM410.86 to RM453.86, showing that most units are priced quite close to each other. A typical spread (IQR) of RM43.00 and an average deviation (MAD) of RM31 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.