Mutiara Place

Block 8, Mutiara Place, Lorong Delima 13, 11700 Gelugor, Penang, Malaysia

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Selling in Mutiara Place? Homes here sold for a median of RM544,000.

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Block 8, Mutiara Place, Lorong Delima 13, 11700 Gelugor, Penang, Malaysia

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Mutiara Place in Timur Laut, Penang recorded 0 subsale transactions in 2026, with a median price of RM544K and a median price per square foot (PSF) of RM477.

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 RM544K, with most transactions falling within a stable range of RM536K to RM552K, and a typical market range of RM537K to RM551K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM477, with most transactions between RM468 and RM486. The usual range is RM468.88 to RM484.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM15.25 and an average deviation (MAD) of RM9 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.