Medan Mutiara in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM328K and a median price per square foot (PSF) of RM468.

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 RM328K, with most transactions falling within a stable range of RM325K to RM330K, and a typical market range of RM325K to RM330K.

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

For price per square foot, the median is RM468, with most transactions between RM465 and RM472. The usual range is RM446.59 to RM489.59, showing that most units are priced quite close to each other. A typical spread (IQR) of RM43.00 and an average deviation (MAD) of RM4 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.