SRI MUTIARA

SRI MUTIARA in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 625K and a median price per square foot (PSF) of RM 856.

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 625K, with most transactions falling within a stable range of RM 390K to RM 860K, and a typical market range of RM 508K to RM 743K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 856, though individual units vary from RM 483 to RM 1,229 in the core range. The broader market spans RM 669.50 to RM 1,042.50, indicating diverse property characteristics. A wider spread (IQR: RM 373.00) and deviation (MAD: RM 373) indicate significant PSF variations, likely due to diverse property types or conditions.

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.