Medan Mutiara

Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM360,000
PSF
RM515
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Flat
RM670,000
Level G
614 sqft · RM1,092 PSF
700 sqft
Flat
RM360,000
Level G
700 sqft · RM515 PSF
RM300,000
Level 3
700 sqft · RM429 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM360,000

RM515 psf

Median transaction price

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Lebuh Nipah 1, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Medan Mutiara in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM360K and a median price per square foot (PSF) of RM515.

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 RM360K, with most transactions falling within a stable range of RM300K to RM522K, and a typical market range of RM345K to RM375K.

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

Price per square foot shows a median of RM515, though individual units vary from RM220 to RM809 in the core range. The broader market spans RM493.04 to RM536.04, indicating diverse property characteristics. A wider spread (IQR: RM43.00) and deviation (MAD: RM295) 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.