BandingHouse

Mutiara Vista

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Mutiara Vista have sold for a median of

RM300,000

RM464 psf on the recorded floor area

RM280,000median RM300,000RM327,500

Half of the 30 recorded sales fell between RM280,000 and RM327,500. One in ten went under RM259,000, one in ten over RM361,000. Sales run from 24 January 2022 to 23 July 2025.

Up 11% from a RM280,000 median in 2022 to RM310,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2022RM280,000RM433 psf7
2023RM300,000RM464 psf8
2024RM310,000RM480 psf12
2025RM266,000RM412 psf3

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Mutiara Vista sits 57 of 154 in that set.

50 cheaper schemes above

91 dearer schemes below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Mutiara Vista’s own median is RM300,000 — in line with the state figure for this type. Full Penang table.

Cash and monthly on the RM300,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM30,000
  • Transfer duty (MOT): RM5,000
  • Loan duty (0.5%): RM1,350
  • Total cash: RM36,350
  • Qualifying first home: RM30,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,195
  • Total monthly: RM1,195

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Mutiara Vista sold for?
A median of RM300,000 (RM464 psf), from 30 land-office transactions between 24 January 2022 and 23 July 2025.
What is a typical band here?
Half of recorded sales fell between RM280,000 and RM327,500. One in ten went under RM259,000; one in ten over RM361,000.
Has the median moved?
From RM280,000 in 2022 to RM310,000 in 2024 (+11%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.