Bandar Tasek Mutiara
14120 Simpang Ampat, Penang, Malaysia
14120 Simpang Ampat, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Lorong 12/SS 1
|
RM 510,000
|
RM 182
|
2,799 sqft
|
|
Semi-D |
|
Lorong 21/SS1
|
RM 300,000
|
RM 201
|
1,496 sqft
|
|
Terrace |
|
Level 1
|
RM 110,000
|
RM 182
|
603 sqft
|
|
LC Flat |
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Market Snapshot
RM 375,000
RM 255 psfMedian transaction price
RM 720,000
RM 503 psfMedian transaction price
Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
MapsBandar Tasek Mutiara in Seberang Perai Selatan, Penang recorded 353 subsale transactions between 2021 and 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 263.
This area contains both residential and commercial properties. View 278 residential properties or 73 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 320K to RM 520K, and a typical market range of RM 308K to RM 533K.
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 263, though individual units vary from RM 196 to RM 330 in the core range. The broader market spans RM 196.85 to RM 329.85, indicating diverse property characteristics. A wider spread (IQR: RM 133.00) and deviation (MAD: RM 67) 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. High transaction volume ensures good market liquidity and easier price discovery.