BANDAR TASEK MUTIARA

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 23 subsale transactions in 2021, with a median price of RM 350K and a median price per square foot (PSF) of RM 231.

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 350K, with most transactions falling within a stable range of RM 500K to RM 503K, and a typical market range of RM 500K to RM 453K.

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 231, though individual units vary from RM 105 to RM 357 in the core range. The broader market spans RM 164.25 to RM 297.75, indicating diverse property characteristics. A wider spread (IQR: RM 133.50) and deviation (MAD: RM 126) 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. Moderate transaction volume may require patience when buying or selling.