Area Intelligence

SURIA MUTIARA

2 properties
2023
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Median Price
RM 430,000
PSF: RM 533

Residential Market

Median Price

RM 430,000

IQR: RM 25
MAD: RM 12
RM 533 PSF 2.3%

PSF Trends (2021-2025)

SURIA MUTIARA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 533.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 410K to RM 450K, and a typical market range of RM 420K to RM 440K.

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

For price per square foot, the median is RM 533, with most transactions between RM 508 and RM 557. The usual range is RM 520.00 to RM 545.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.

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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SURIA MUTIARA, Timur Laut, Penang

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Transactions

2 properties grouped by size

800 sqft
2 units Flat
RM 410,000
807 sqft · RM 508.00 PSF
Sep 2023
RM 450,000
807 sqft · RM 557.00 PSF
Aug 2023