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ARA MUTIARA

Seberang Perai Utara, Pulau Pinang · Commercial · 11 recorded sales, Aug 2023 to Apr 2024

No sale recorded since Apr 20242 - 2 1/2 Storey Shop · 72 - 2 1/2 Storey Terraced · 4
RM 243psf median, against main floor area · 11 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 243 – 272 psf
Median price
RM 588,000
Price range
RM 423k – RM 780k
Main floor area
1,740 – 2,712 sq ft
Land area
1,281 – 2,637 sq ft
Median price per sq ft of land
RM 353

Median of 11 sales that carry a usable area, out of 11 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,389 sq ft against 2,417. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Apr 2024. Last on record: 22 Apr 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20239 · RM 243 psf
20242 · RM 238 psf

Quarterly medians · not a price trend

2282522772023 Q3 — RM 243 psf, 6 sales2023 Q4 — RM 272 psf, 3 sales2024 Q1 — RM 243 psf, 1 sale2024 Q2 — RM 232 psf, 1 sale
2023 Q32024 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 11 priced sales

RM 235–240 psf — 1 saleRM 240–246 psf — 6 salesRM 246–251 psf — 0 salesRM 251–257 psf — 0 salesRM 257–262 psf — 0 salesRM 262–268 psf — 0 salesRM 268–274 psf — 3 salesRM 274–279 psf — 0 salesRM 279–285 psf — 0 salesRM 285–290 psf — 0 salesRM 290–296 psf — 0 salesRM 296–301 psf — 0 salesRM 301–307 psf — 0 salesRM 307–313 psf — 1 sale
RM 235RM 313 psf

Each bar counts sales in a RM 6 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 11 of 11

DateTypeArea (sq ft)PricepsfTenure
22 Apr 20242 - 2 1/2 Storey Shop2,712RM 630,000232Freehold
12 Jan 20242 - 2 1/2 Storey Terraced1,740RM 423,000243Freehold
29 Nov 20232 - 2 1/2 Storey Terraced1,740RM 473,000272Freehold
31 Oct 20232 - 2 1/2 Storey Shop2,417RM 780,000323Freehold
17 Oct 20232 - 2 1/2 Storey Shop2,417RM 588,000243Freehold
29 Sep 20232 - 2 1/2 Storey Shop2,417RM 588,000243Freehold
20 Sep 20232 - 2 1/2 Storey Terraced1,740RM 473,000272Freehold
20 Sep 20232 - 2 1/2 Storey Shop2,417RM 588,000243Freehold
12 Sep 20232 - 2 1/2 Storey Shop2,417RM 588,000243Freehold
8 Sep 20232 - 2 1/2 Storey Terraced1,740RM 473,000272Freehold
30 Aug 20232 - 2 1/2 Storey Shop2,417RM 588,000243Freehold

Others in Seberang Perai Utara · commercial

PUSAT PERNIAGAAN OREN
RM 447 psf · 11 sales · 6.6 km
TMN DAHLIA
RM 218 psf · 5 sales · 7.6 km
TMN SELAT
RM 315 psf · 5 sales · 7.6 km
BANDAR BUTTERWORTH
RM 266 psf · 53 sales · 7.8 km
WISMA PANTAI
8 sales · 8.1 km
TAMAN SENA PERMAI
RM 194 psf · 5 sales · 13 km
TAMAN TASEK GELUGOR
RM 273 psf · 5 sales · 15.2 km
PEKAN KEPALA BATAS
RM 201 psf · 7 sales · 15.8 km

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.