BANDAR TASEK MUTIARA

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 79 subsale transactions in 2024, with a median price of RM 470K and a median price per square foot (PSF) of RM 286.

This area contains both residential and commercial properties. View 251 residential properties or 67 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 470K, with most transactions falling within a stable range of RM 328K to RM 500K, and a typical market range of RM 367K to RM 500K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 286, though individual units vary from RM 199 to RM 373 in the core range. The broader market spans RM 219.25 to RM 352.75, indicating diverse property characteristics. A wider spread (IQR: RM 133.50) and deviation (MAD: RM 87) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.