Area Intelligence

MUTIARA HEIGHTS

13 properties
2022
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Median Price
RM 340,000
PSF: RM 439

Residential Market

Median Price

RM 340,000

IQR: RM 71
MAD: RM 33
RM 439 PSF 6.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 218,000

RM 307 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MUTIARA HEIGHTS in Timur Laut, Penang recorded 13 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 439.

This area contains both residential and commercial properties. View 45 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 300K to RM 384K, and a typical market range of RM 311K to RM 369K.

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

The median PSF stands at RM 439, with core pricing between RM 382 and RM 496. Market pricing typically extends from RM 400.88 to RM 477.13, reflecting moderate variation in unit pricing. With an IQR of RM 76.25 and MAD of RM 57, 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.

Area Location

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MUTIARA HEIGHTS, Timur Laut, Penang

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Transactions

13 properties grouped by size

800 sqft
13 units (showing 6) Flat
RM 360,000
775 sqft · RM 465.00 PSF
Nov 2022
RM 475,000
775 sqft · RM 613.00 PSF
Nov 2022
RM 305,000
775 sqft · RM 394.00 PSF
Sep 2022
RM 330,000
775 sqft · RM 426.00 PSF
Sep 2022
RM 350,000
775 sqft · RM 452.00 PSF
Aug 2022
RM 345,000
775 sqft · RM 445.00 PSF
Jul 2022