Taman Simpang Empat
Jalan Simpang Empat 4, Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
Jalan Simpang Empat 4, Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Spg. Ampat
|
RM 850,000
|
RM 194
|
4,392 sqft
|
|
|
Jalan. Besar
|
RM 3,000,000
|
RM 360
|
8,331 sqft
|
|
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Jalan Simpang Empat 4, Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Simpang Empat in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.93 million and a median price per square foot (PSF) of RM 277.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.93 million, with most transactions falling within a stable range of RM 850K to RM 3.00 million, and a typical market range of RM 1.39 million to RM 2.46 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 277, though individual units vary from RM 194 to RM 360 in the core range. The broader market spans RM 187.32 to RM 366.32, indicating diverse property characteristics. A wider spread (IQR: RM 179.00) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.