Bandar Tasek Mutiara
14120 Simpang Ampat, Penang, Malaysia
14120 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 15/SS1
|
RM 400,000
|
RM 145
|
2,766 sqft
|
|
|
|
Lorong 15/SS1
|
RM 390,000
|
RM 141
|
2,766 sqft
|
|
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Market Snapshot
RM 395,000
RM 143 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 2 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 395K and a median price per square foot (PSF) of RM 143.
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 395K, with most transactions falling within a stable range of RM 390K to RM 400K, and a typical market range of RM 390K to RM 400K.
Within the Single Storey Semi-D category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 143, with most transactions between RM 141 and RM 145. The usual range is RM 76.29 to RM 209.29, showing that most units are priced quite close to each other. With an IQR of RM 133.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.
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.