Mutiara Heights

  • Property Type
    Condominium/Apartment
  • Tenure
    Leasehold
  • Street Name
    Lorong Hajah Rehmah
  • District / Planning Area
    Jelutong
  • Completion
    2005
About Mutiara Heights

Mutiara Heights is a leasehold non-landed project situated in the neighbourhood of Jelutong in Penang. Nearby developments are Metro Avenue and Jelutong Park. Mutiara Heights consists of two 29-storey towers with a total of 525 units. Built-up size for a standard unit ranges from 800 sq. ft. to 850 sq. ft., while a penthouse unit has a built-up size of 1600 sq. ft.. A standard unit comes with three bedrooms and two bathrooms, while a penthouse unit comes with six bedrooms and five bathrooms. Facilities available at Mutiara Heights are swimming pool, community hall, gymnasium, landscaped garden, playground, car park and 24-hour security. Schools in the vicinity are SJKC Phei Shin, SK Jelutong Barat, SJKC Jelutong and SJKC Beng Teik.

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Profitable Transactions (Limited to 5 Total of 25 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
06 Jan 1428 Dec 18775 ft²33832014,0001.1
03 Feb 1210 Dec 18775 ft²387232115,0007.3
29 Nov 0204 Dec 18775 ft²387139192,0006.6
07 Oct 0201 Aug 18775 ft²419146209,0006.7
11 Aug 1125 Apr 18775 ft²366224110,0007.6

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 20 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 5 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
01 Sep 1502 Feb 18775 ft²313603-237500-24.5
01 Sep 1502 Feb 18775 ft²3130
21 Aug 1529 Jun 16775 ft²386387-1000-
19 Mar 1319 Apr 13797 ft²264271--
18 Jan 1118 Jan 12797 ft²188188--

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

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