MUTIARA HEIGHTS

Timur Laut, Penang · Leasehold · 326 transactions

Median Price

RM530K

RM397K – RM530K

Median PSF

RM424

RM344 – RM424

Transactions

326

2021-02 to 2025-10

Size Range

775 – 2917

sq.ft (built-up)

Condominium/Apartment (270)Flat (48)2 - 2 1/2 Storey Terraced (8)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for MUTIARA HEIGHTS

Investment Return

Earliest PSF (2021)

RM417

Current PSF (2025)

RM325

Capital Gain

-22.1%

Total Return (est.)

-1.5% p.a.

Capital appreciation (4 years)-22.1%
Annualised capital return-5.5% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)-1.5% p.a.
vs Fixed Deposit (3.5% p.a. x 4yr)-20.1%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
800 sqft48RM335KRM432
1,050 sqft18RM508KRM487
1,200 sqft7RM558KRM471
1,250 sqft172RM530KRM424
1,300 sqft68RM400KRM310
1,400 sqft2RM580KRM414
2,900 sqft8RM900KRM309

Market Verdict

PSF Trend: Declining

PSF moved from RM417 (2021) to RM325 (2025)

Liquidity: High

326 transactions over 4 years (~82/year)

7% below Timur Laut average

This project: RM424 PSF vs Timur Laut median: RM459 PSF

Est. Total Return: -1.5% p.a. (below FD)

Capital loss (-5.5% p.a.) + rental yield (~4% p.a.)

Verdict

MUTIARA HEIGHTS delivers a modest estimated total return of -1.5% p.a. — comprising -5.5% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Timur Laut average, suggesting fair market pricing. Best suited for those who value liquidity.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 326
DateTypeTenureSize (sqft)PSFPrice
Oct 2025FlatLeasehold775RM426RM330K
Aug 2025Condominium/ApartmentFreehold1,292RM217RM280K
Aug 2025FlatLeasehold775RM490RM380K
Jul 2025Condominium/ApartmentFreehold1,249RM360RM450K
Jul 2025Condominium/ApartmentFreehold1,249RM359RM448K

321 more transactions hidden

Full Report Includes

Complete NAPIC transaction data with trend analysis — RM69.90 per report

Investment ROI

Capital gain + rental yield since launch

Market verdict

Trend, liquidity, and area comparison

Unit mix breakdown

Price & PSF by unit size

All transactions

Full table of 326 records

3 interactive charts

Scatter, price & PSF vs Timur Laut & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

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