Area Intelligence

KOMPLEKS PULAU MUTIARA

10 properties
2023
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Median Price
RM 180,000
PSF: RM 364

Residential Market

Median Price

RM 180,000

IQR: RM 53
MAD: RM 28
RM 364 PSF 2.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 70,000

IQR: RM 83
MAD: RM 29
RM 197 PSF 26.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KOMPLEKS PULAU MUTIARA in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 364.

This area contains both residential and commercial properties. View 26 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 139K to RM 221K, and a typical market range of RM 164K to RM 197K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 364, with core pricing between RM 295 and RM 433. Market pricing typically extends from RM 331.50 to RM 396.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KOMPLEKS PULAU MUTIARA, Timur Laut, Penang

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Transactions

10 properties grouped by size

350 sqft
1 units Shop/Retail Lot
RM 70,000
355 sqft · RM 197.00 PSF
Jan 2023
500 sqft
9 units (showing 6) Low-Cost Flat
RM 180,000
495 sqft · RM 364.00 PSF
Dec 2023
RM 173,000
495 sqft · RM 349.00 PSF
Nov 2023
RM 220,000
495 sqft · RM 444.00 PSF
Nov 2023
RM 235,000
495 sqft · RM 475.00 PSF
Nov 2023
RM 180,000
495 sqft · RM 364.00 PSF
Sep 2023
RM 180,000
506 sqft · RM 356.00 PSF
Aug 2023