Bandar Tasek Mutiara
14120 Simpang Ampat, Penang, Malaysia
14120 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 140,000
|
RM 232
|
603 sqft
|
|
|
|
Level 2
|
RM 110,000
|
RM 182
|
603 sqft
|
|
|
|
Level G
|
RM 150,000
|
RM 249
|
603 sqft
|
|
|
|
Level 3
|
RM 105,000
|
RM 174
|
603 sqft
|
|
|
|
Level 2
|
RM 85,000
|
RM 141
|
603 sqft
|
|
|
|
Level 1
|
RM 130,000
|
RM 216
|
603 sqft
|
|
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Market Snapshot
RM 80,000
RM 133 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 49 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 80K and a median price per square foot (PSF) of RM 133.
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 80K, with most transactions falling within a stable range of RM 56K to RM 104K, and a typical market range of RM 50K to RM 150K.
Within the Low-Cost Flat category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 133, though individual units vary from RM 93 to RM 172 in the core range. The broader market spans RM 66.22 to RM 199.22, indicating diverse property characteristics. A wider spread (IQR: RM 133.00) and deviation (MAD: RM 39) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.