Mutiara Villa in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM928K and a median price per square foot (PSF) of RM583.

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 RM928K, with most transactions falling within a stable range of RM905K to RM930K, and a typical market range of RM880K to RM930K.

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

For price per square foot, the median is RM583, with most transactions between RM568 and RM597. The usual range is RM545.91 to RM619.16, showing that most units are priced quite close to each other. With an IQR of RM73.25 and MAD of RM15, 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.