Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

Property Transactions

114 subsales grouped by size

Median
RM 400,000
PSF
RM 251
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
LC Flat
RM 75,000
Level 3
603 sqft · RM 124 PSF
RM 80,000
Level 3
603 sqft · RM 133 PSF
RM 60,000
Level 4
603 sqft · RM 100 PSF
RM 76,000
Level 2
603 sqft · RM 126 PSF
RM 85,000
Level 3
603 sqft · RM 141 PSF
RM 60,000
Level G
603 sqft · RM 100 PSF
1,200 sqft
Terrace
RM 350,000
Jalan Tasek Mutiara 4
1,195 sqft · RM 293 PSF
RM 310,000
Lorong 2/SS3
1,195 sqft · RM 259 PSF
RM 350,000
Lorong 2/SS3
1,195 sqft · RM 293 PSF
RM 300,000
Lorong 3/SS3
1,195 sqft · RM 251 PSF
RM 310,000
Lorong 3/SS3
1,195 sqft · RM 259 PSF
RM 340,000
Lorong 8/SS3
1,195 sqft · RM 285 PSF
1,250 sqft
2-Sty Terrace
RM 400,000
Lorong 13/SS2
1,249 sqft · RM 320 PSF
1,300 sqft
Terrace
RM 380,000
Lorong 11/SS2
1,302 sqft · RM 292 PSF
114
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 350,000

RM 247 psf

Median transaction price

RM 719,000

RM 288 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 114 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 251.

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 400K, with most transactions falling within a stable range of RM 179K to RM 621K, and a typical market range of RM 288K to RM 513K.

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 251, though individual units vary from RM 174 to RM 329 in the core range. The broader market spans RM 184.59 to RM 317.59, indicating diverse property characteristics. A wider spread (IQR: RM 133.00) and deviation (MAD: RM 78) 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. Steady transaction activity supports reliable market pricing.