Area Intelligence

SRI MUTIARA

2 properties
Flat
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Median Price
RM 397,500
PSF: RM 493

Residential Market

Median Price

RM 397,500

IQR: RM 10
MAD: RM 10
RM 493 PSF 3.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 860,000

RM 1,229 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SRI MUTIARA in Timur Laut, Penang recorded 2 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 398K and a median price per square foot (PSF) of RM 493.

This area contains both residential and commercial properties. View 2 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 398K, with most transactions falling within a stable range of RM 390K to RM 405K, and a typical market range of RM 390K to RM 405K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 493, with most transactions between RM 483 and RM 502. The usual range is RM 306.00 to RM 679.00, showing that most units are priced quite close to each other. With an IQR of RM 373.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SRI MUTIARA, Timur Laut, Penang

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Transactions

2 properties grouped by size

800 sqft
2 units Flat
RM 405,000
807 sqft · RM 502.00 PSF
Apr 2023
RM 390,000
807 sqft · RM 483.00 PSF
Mar 2022