BANDAR TASEK MUTIARA

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 90 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 269.

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 400K, with most transactions falling within a stable range of RM 300K to RM 500K, and a typical market range of RM 297K to RM 503K.

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 269, though individual units vary from RM 202 to RM 336 in the core range. The broader market spans RM 201.75 to RM 335.25, indicating diverse property characteristics. The spread of RM 133.50 (IQR) and deviation of RM 67 (MAD) suggest moderate price variations reflecting different property features.

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.