Pearl Tropika
5 Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
5 Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 3/SS9
|
RM 510,000
|
RM 318
|
1,604 sqft
|
|
|
|
Lorong 2/SS9
|
RM 500,000
|
RM 312
|
1,604 sqft
|
|
|
|
Lorong 2/SS9
|
RM 520,000
|
RM 324
|
1,604 sqft
|
|
|
|
Lorong 3/SS9
|
RM 490,000
|
RM 306
|
1,604 sqft
|
|
|
Lorong 1/SS9
|
RM 635,000
|
RM 288
|
2,207 sqft
|
|
|
|
Lorong 1/SS9
|
RM 625,000
|
RM 283
|
2,207 sqft
|
|
|
|
Lorong 1/SS9
|
RM 600,000
|
RM 272
|
2,207 sqft
|
|
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Market Snapshot
ResidentialRM 520,000
RM 306 psfMedian transaction price
5 Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsPearl Tropika in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 306.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 520K, with most transactions falling within a stable range of RM 490K to RM 578K, and a typical market range of RM 490K to RM 564K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 306, with most transactions between RM 287 and RM 324. The usual range is RM 221.27 to RM 389.77, showing that most units are priced quite close to each other. With an IQR of RM 168.50 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.