Ambay Park

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

Property Transactions

4 subsales grouped by size

Median
RM 509,000
PSF
RM 343
Price Size
Period
transactions middle 50% (P25–P75)
1,500 sqft
2-Sty Terrace
RM 490,000
Lorong 21/SS9
1,485 sqft · RM 330 PSF
RM 520,000
Lorong 20/SS9
1,485 sqft · RM 350 PSF
RM 498,000
Jalan Tasek Mutiara 7 Fasa 2A
1,485 sqft · RM 335 PSF
1,600 sqft
2-Sty Terrace
RM 689,000
Jalan Tasek Mutiara 7 Fasa 2C
1,604 sqft · RM 430 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 509,000

RM 343 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 4 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 343.

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 509K, with most transactions falling within a stable range of RM 490K to RM 590K, and a typical market range of RM 490K to RM 537K.

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

The median PSF stands at RM 343, with core pricing between RM 302 and RM 383. Market pricing typically extends from RM 313.16 to RM 372.16, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 40, 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.