Ambay Park

Ambay City, Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

13 subsales grouped by size

Median
RM 533,000
PSF
RM 342
Price Size
Period
transactions middle 50% (P25–P75)
1,500 sqft
2-Sty Terrace
RM 515,000
Jalan Tasek Mutiara 7 Fasa 2A
1,485 sqft · RM 347 PSF
RM 502,000
Jalan Tasek Mutiara 7 Fasa 2A
1,485 sqft · RM 338 PSF
1,600 sqft
2-Sty Terrace
RM 579,000
Jalan Tasek Mutiara 7 Fasa 2C
1,604 sqft · RM 361 PSF
RM 510,000
Jalan Tasek Mutiara 7 Fasa 2C
1,604 sqft · RM 318 PSF
RM 533,000
Jalan Tasek Mutiara 7
1,604 sqft · RM 332 PSF
RM 568,000
Jalan Tasek Mutiara 7
1,604 sqft · RM 354 PSF
RM 551,000
Jalan Tasek Mutiara 7 Fasa 2C
1,604 sqft · RM 344 PSF
RM 514,000
Jalan Tasek Mutiara 7
1,604 sqft · RM 320 PSF
+5 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 533,000

RM 342 psf

Median transaction price

Ambay Park
© OpenStreetMap · CARTO

Ambay City, Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Ambay Park in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2022, with a median price of RM 533K and a median price per square foot (PSF) of RM 342.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 533K, with most transactions falling within a stable range of RM 502K to RM 565K, and a typical market range of RM 506K to RM 561K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 342, with most transactions between RM 325 and RM 360. The usual range is RM 312.81 to RM 371.81, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.