Medan Mutiara
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM360,000
|
RM515
|
700 sqft
|
|
|
|
Level 3
|
RM300,000
|
RM429
|
700 sqft
|
|
|
|
Level 1
|
RM300,000
|
RM429
|
700 sqft
|
|
|
|
Level 3
|
RM325,000
|
RM465
|
700 sqft
|
|
|
|
Level G
|
RM330,000
|
RM472
|
700 sqft
|
|
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Medan Mutiara
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
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Market Snapshot
ResidentialRM327,500
RM468 psfMedian transaction price
Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMedan Mutiara in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM328K and a median price per square foot (PSF) of RM468.
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 RM328K, with most transactions falling within a stable range of RM300K to RM458K, and a typical market range of RM313K to RM343K.
Most transactions involved flats, with minimal variety in property types.
Price per square foot shows a median of RM468, though individual units vary from RM231 to RM705 in the core range. The broader market spans RM446.59 to RM489.59, indicating diverse property characteristics. A wider spread (IQR: RM43.00) and deviation (MAD: RM237) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.