Mukim 16, Seberang Perai Utara, Pulau Pinang property prices

Transactions from February 2021 to April 2026

Recorded Transactions322
Total Properties Sold20
Total transactions ≤ RM1,000,000294
Total transactions above RM1,000,00028

Totals for Mukim 16, Seberang Perai Utara, Pulau Pinang only. Properties sold counts distinct developments, not individual units.

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Mukim 16, Seberang Perai Utara, Pulau Pinang property prices: key facts

Median Transacted Price
RM 480,000
Median Price PSF
RM 353.98
Most Preferred Tenure
Freehold
Most Transacted Property Type
Condominium/Apartment
Most Transacted Property
Taman Sungai Dua Utama
Most Properties Sold In
December 2021 (22 Sales)
Low-Cost / Affordable Sold
78 (Up To RM 300,000)
Medium-Cost / Mid-Market Sold
198 (Above RM 300,000 To RM 800,000)
Luxury / High-End Sold
30 (Above RM 800,000 To RM 2,500,000)
Ultra-Luxury Sold
16 (Above RM 2,500,000)

Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.

Median price by year

Yearly transaction medians for Mukim 16, Seberang Perai Utara, Pulau Pinang
YearMedian priceMedian RM/sqftTotal transactions
2026RM 900,000RM 367.577
2025RM 489,500RM 362.0818
2024RM 472,000RM 352.8057
2023RM 490,000RM 373.2495
2022RM 490,000RM 363.5389
2021RM 460,000RM 313.8156

Most Transacted Properties in Mukim 16, Seberang Perai Utara, Pulau Pinang

Most Transacted Properties in Mukim 16, Seberang Perai Utara, Pulau Pinang, ranked by recorded transactions
Property name Property type Total transactions Median price Median RM/sqft
TAMAN SUNGAI DUA UTAMA Low-Cost Flat 61 RM 400,000 RM 331.69
TMN BAGAN LALLANG 2 - 2 1/2 Storey Terraced 50 RM 532,500 RM 352.80
TMN SRI PINANG (SPU) Condominium/Apartment 48 RM 175,000 RM 241.55
TAMAN CASA UTOPIA Condominium/Apartment 40 RM 498,000 RM 433.14
PECAHAN LOT 10190-10258 2 - 2 1/2 Storey Terraced 29 RM 456,000 RM 313.81
PANGSAPURI JATI (CENTRO RESIDENCE) Condominium/Apartment 19 RM 458,000 RM 365.86
TMN INDUSTRI SOUTHTECH Terraced Factory/Warehouse 16 RM 905,000 RM 434.18
TAMAN CASSA MAYA 2 - 2 1/2 Storey Terraced 11 RM 630,000 RM 401.02
TAMAN INDUSTRI SUNGAI LOKAN Semi-Detached Factory/Warehouse 10 RM 3,345,000 RM 364.26
TMN DESA MURNI 2 - 2 1/2 Storey Terraced 7 RM 550,000 RM 422.29

Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.

Mukim 16, Seberang Perai Utara, Pulau Pinang Property Market Insight

Between February 2021 and April 2026, Mukim 16, Seberang Perai Utara, Pulau Pinang recorded 322 property transactions within this area. The overall median transacted price stood at RM 480,000 (RM 353.98 PSF), serving as a practical benchmark for comparing localized values.

The market's upper bound reached RM 5,908,000 in Mukim 16, whereas the lowest recorded sale was RM 90,000 in Mukim 16. Across the area, Condominium/Apartment emerged as the most transacted property type.

Extreme prices describe individual recorded sales, not the typical price of an entire area.

Frequently Asked Questions

What is the median property price in Mukim 16, Seberang Perai Utara, Pulau Pinang?

The median transacted property price in Mukim 16, Seberang Perai Utara, Pulau Pinang is RM 480,000 (RM 353.98 per sq. ft.), based on 322 recorded sales from February 2021 to April 2026.

How much do high-rise properties cost in Mukim 16, Seberang Perai Utara, Pulau Pinang?

The median transacted price for high-rise properties (condominiums and apartments) in Mukim 16, Seberang Perai Utara, Pulau Pinang is RM 450,000, based on 99 transactions recorded from February 2021 to April 2026.

What type of tenure do buyers in Mukim 16, Seberang Perai Utara, Pulau Pinang prefer?

Freehold is the most frequently transacted tenure, accounting for 322 of 322 recorded transactions. Sales volume alone does not establish buyer preference.

How do residential and commercial prices compare in Mukim 16, Seberang Perai Utara, Pulau Pinang?

Residential properties in Mukim 16, Seberang Perai Utara, Pulau Pinang transacted at a median price of RM 456,000 across 268 sales, while commercial and industrial properties transacted at a median of RM 936,000 across 54 sales. A median is unavailable when no usable prices are recorded.

What are the most active or dominant property sub-sectors in Mukim 16, Seberang Perai Utara, Pulau Pinang?

Condominium/Apartment accounts for the most recorded transactions (99). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.

How reliable is this data, and can I rely on it to make a decision for my next property purchase?

These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.

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How to read these figures

Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.

Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.

State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.

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