Area Intelligence

SRI MUTIARA

1 properties
2023
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Median Price
RM 405,000
PSF: RM 502

Residential Market

Median Price

RM 405,000

IQR: RM 10
MAD: RM 10
RM 502 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 1 subsale transactions in 2023, with a median price of RM 405K and a median price per square foot (PSF) of RM 502.

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.

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

For price per square foot, the median is RM 502, with most transactions between RM 502 and RM 502. The usual range is RM 315.50 to RM 688.50, showing that most units are priced quite close to each other. With an IQR of RM 373.00 and MAD of RM 0, 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

1 properties grouped by size

800 sqft
1 units Flat
RM 405,000
807 sqft · RM 502.00 PSF
Apr 2023