Area Intelligence

MUTIARA HEIGHTS

11 properties
2024
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Median Price
RM 360,000
PSF: RM 465

Residential Market

Median Price

RM 360,000

IQR: RM 71
MAD: RM 33
RM 465 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 11 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 465.

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 360K, with most transactions falling within a stable range of RM 312K to RM 408K, and a typical market range of RM 331K to RM 389K.

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

The median PSF stands at RM 465, with core pricing between RM 403 and RM 527. Market pricing typically extends from RM 426.88 to RM 503.13, reflecting moderate variation in unit pricing. With an IQR of RM 76.25 and MAD of RM 62, 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

11 properties grouped by size

800 sqft
11 units (showing 6) Flat
RM 390,000
775 sqft · RM 503.00 PSF
Oct 2024
RM 370,000
775 sqft · RM 477.00 PSF
Oct 2024
RM 380,000
775 sqft · RM 490.00 PSF
Sep 2024
RM 380,000
775 sqft · RM 490.00 PSF
Aug 2024
RM 360,000
775 sqft · RM 465.00 PSF
Jul 2024
RM 290,000
775 sqft · RM 374.00 PSF
May 2024