BandingHouse

Residensi Villa Mutiara

Seberang Perai Selatan, Penang · Terraced house · Freehold

Homes in Residensi Villa Mutiara have sold for a median of

RM550,000

RM313 psf on the recorded floor area

RM498,000median RM550,000RM630,000

Half of the 53 recorded sales fell between RM498,000 and RM630,000. One in ten went under RM486,600, one in ten over RM723,200. Sales run from 18 October 2021 to 14 October 2025.

Down 9% from a RM580,000 median in 2021 to RM530,000 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 terraced house 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 terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.

Year by year

YearMedian soldPer sq ftSales
2021RM580,000RM349 psf5
2022RM500,000RM300 psf20
2023RM560,000RM318 psf17
2024RM530,000RM299 psf9
2025RM554,000RM333 psf2

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 terraced house schemes in Seberang Perai Selatan with enough recorded sales, cheapest first. By median sold price, Residensi Villa Mutiara sits 39 of 49 in that set.

32 cheaper schemes above

4 dearer schemes below

Against Penang

Across Penang, the median recorded sale for terraced house is RM409,600 (RM373 psf), from 3,162 sales. Residensi Villa Mutiara’s own median is RM550,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM550,000 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%): RM55,000
  • Transfer duty (MOT): RM10,500
  • Loan duty (0.5%): RM2,475
  • Total cash: RM67,975

Monthly carry

  • Instalment (35y @ 4.00%): RM2,192
  • Total monthly: RM2,192

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

Adjust these numbers

Questions this record answers

What have homes in Residensi Villa Mutiara sold for?
A median of RM550,000 (RM313 psf), from 53 land-office transactions between 18 October 2021 and 14 October 2025.
What is a typical band here?
Half of recorded sales fell between RM498,000 and RM630,000. One in ten went under RM486,600; one in ten over RM723,200.
Has the median moved?
From RM580,000 in 2021 to RM530,000 in 2024 (-9%), 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.