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 2/SS9
|
RM 620,000
|
RM 281
|
2,207 sqft
|
|
|
|
Lorong 2/SS9
|
RM 620,000
|
RM 281
|
2,207 sqft
|
|
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Market Snapshot
ResidentialRM 620,000
RM 281 psfMedian transaction price
5 Bandar Tasek Mutiara, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsPearl Tropika in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 620K and a median price per square foot (PSF) of RM 281.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 281, with most transactions between RM 281 and RM 281. The usual range is RM 196.73 to RM 365.23, showing that most units are priced quite close to each other. With an IQR of RM 168.50 and MAD of RM 0, 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.