BANDAR TASEK MUTIARA

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2022, with a median price of RM 552K and a median price per square foot (PSF) of RM 224.

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 552K, with most transactions falling within a stable range of RM 380K to RM 772K, and a typical market range of RM 449K to RM 655K.

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 224, though individual units vary from RM 126 to RM 321 in the core range. The broader market spans RM 156.75 to RM 290.25, indicating diverse property characteristics. A wider spread (IQR: RM 133.50) and deviation (MAD: RM 98) 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. Limited transaction history suggests carefully evaluating comparable sales data.