Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

Property Transactions

23 subsales grouped by size

Median
RM 350,000
PSF
RM 231
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM 70,000
Level 3
558 sqft · RM 126 PSF
600 sqft
LC Flat
RM 60,000
Level 4
603 sqft · RM 100 PSF
RM 70,000
Level 3
603 sqft · RM 116 PSF
RM 110,000
Level 1
603 sqft · RM 182 PSF
1,200 sqft
Terrace
RM 300,000
Lorong 10/SS3
1,195 sqft · RM 251 PSF
1,300 sqft
Terrace
RM 350,000
Lorong 13/SS3
1,302 sqft · RM 269 PSF
RM 300,000
Lorong 15/SS1
1,300 sqft · RM 231 PSF
RM 290,000
Lorong 14/SS3
1,302 sqft · RM 223 PSF
RM 350,000
Lorong 18/SS1
1,300 sqft · RM 269 PSF
RM 330,000
Lorong 13/SS1
1,302 sqft · RM 253 PSF
1,350 sqft
2-Sty Terrace
RM 430,000
Lorong 3/SS6
1,335 sqft · RM 322 PSF
1,400 sqft
Terrace
RM 320,000
Jalan Tasek Mutiara 4
1,410 sqft · RM 227 PSF
RM 300,000
Lorong 19/SS3
1,399 sqft · RM 214 PSF
1,450 sqft
2-Sty Terrace
RM 580,000
Lorong 5/SS7
1,475 sqft · RM 393 PSF
23
transactions

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Auction Properties

1 auction properties in Bandar Tasek Mutiara

No. 2A, Lorong 4/SS7, Bandar Tasek Mutiara, 14120, Simpang Ampat, Pulau Pinang
3.5% yield
Type Reserve Price Terrace RM 470,000
PSF Size Auction Date RM 420.02 1,119 sqft 20 Jul 2026

Market Snapshot

RM 340,000

RM 229 psf

Median transaction price

RM 940,000

RM 295 psf

Median transaction price

Low

Rental Yield Data

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Bandar Tasek Mutiara
© OpenStreetMap · CARTO

Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia

Maps

Bandar Tasek Mutiara in Seberang Perai Selatan, Penang recorded 23 subsale transactions in 2021, with a median price of RM 350K and a median price per square foot (PSF) of RM 231.

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 350K, with most transactions falling within a stable range of RM 150K to RM 550K, and a typical market range of RM 238K to RM 463K.

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 231, though individual units vary from RM 160 to RM 301 in the core range. The broader market spans RM 164.22 to RM 297.22, indicating diverse property characteristics. A wider spread (IQR: RM 133.00) and deviation (MAD: RM 70) 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.