Mutiara View in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM540K and a median price per square foot (PSF) of RM465.

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 RM540K, with most transactions falling within a stable range of RM511K to RM560K, and a typical market range of RM508K to RM560K.

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

The median PSF stands at RM465, with core pricing between RM398 and RM531. Market pricing typically extends from RM445.65 to RM483.40, reflecting moderate variation in unit pricing. With an IQR of RM37.75 and MAD of RM66, the PSF demonstrates reasonable consistency across the market.

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.