Penang
Seberang Perai Selatan
15
BANDAR TASEK MUTIARA

Area Intelligence

15, Seberang Perai Selatan, Penang

BANDAR TASEK MUTIARA

114 properties

2022

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Median Price

RM 400,000

PSF: RM 266

Residential Market

Median Price

RM 350,000

IQR: RM 88

MAD: RM 46

RM 244 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 719,000

IQR: RM 226

MAD: RM 102

RM 514 PSF 2.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

123 properties

Median Price

RM 360,000

+8.8% CAGR

Median PSF

RM 263.50

+7.7% CAGR

Double Storey Shop

65 properties

Median Price

RM 762,500

-1.6% CAGR

Median PSF

RM 532.50

+3.0% CAGR

Double Storey Terraced

59 properties

Median Price

RM 488,750

+2.4% CAGR

Median PSF

RM 343.00

+0.2% CAGR

Low-Cost Flat

43 properties

Median Price

RM 80,000

+8.6% CAGR

Median PSF

RM 133.00

+7.5% CAGR

Double Storey Semi-D

21 properties

Median Price

RM 627,500

+8.0% CAGR

Median PSF

RM 235.00

+8.3% CAGR

Single Storey Semi-D

2 properties

Median Price

RM 395,000

+2.6% CAGR

Median PSF

RM 143.00

+2.8% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	123	RM 360,000 ±30K MAD	+8.78%	RM 263.50 ±18 MAD	+7.67%
Double Storey Shop	65	RM 762,500 ±63K MAD	-1.64%	RM 532.50 ±19 MAD	+3.02%
Double Storey Terraced	59	RM 488,750 ±9K MAD	+2.45%	RM 343.00 ±1 MAD	+0.19%
Low-Cost Flat	43	RM 80,000 ±10K MAD	+8.64%	RM 133.00 ±12 MAD	+7.48%
Double Storey Semi-D	21	RM 627,500 ±35K MAD	+8.00%	RM 235.00 ±11 MAD	+8.30%
Single Storey Semi-D	2	RM 395,000 ±5K MAD	+2.56%	RM 143.00 ±2 MAD	+2.84%

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 266.

This area contains both residential and commercial properties. View 246 residential properties or 65 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 293K to RM 508K.

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 266, though individual units vary from RM 128 to RM 404 in the core range. The broader market spans RM 199.00 to RM 333.00, indicating diverse property characteristics. A wider spread (IQR: RM 134.00) and deviation (MAD: RM 138) 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.

Area Location

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BANDAR TASEK MUTIARA, Seberang Perai Selatan, Penang

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Property Type

All Types Single Storey Semi-D Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced Low-Cost Flat

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

114 properties found

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Grouped Individual

Double Storey Terraced LRG 9/SS6

RM 400,000

1,399 sqft Sep 2022

RM 286.00 PSF

Single Storey Terraced LORONG 3/SS2

RM 350,000

1,528 sqft Aug 2022

RM 229.00 PSF

Single Storey Terraced LORONG 8/SS2

RM 320,000

1,302 sqft Aug 2022

RM 246.00 PSF

Single Storey Terraced LRG 20/SS1

RM 340,000

1,948 sqft Aug 2022

RM 175.00 PSF

Double Storey Shop JALAN TASEK MUTIARA SS2

RM 520,000

1,399 sqft Aug 2022

RM 372.00 PSF

Double Storey Shop JLN TASEK MUTIARA 2

RM 750,000

1,302 sqft Aug 2022

RM 576.00 PSF

Double Storey Shop LORONG 1/SS1

RM 550,000

1,399 sqft Aug 2022

RM 393.00 PSF

Low-Cost Flat

RM 68,000

603 sqft Aug 2022

RM 113.00 PSF

Single Storey Terraced LORONG 14/SS2

RM 280,000

1,399 sqft Jul 2022

RM 200.00 PSF

Single Storey Terraced LRG 16/SS1

RM 365,000

1,300 sqft Jul 2022

RM 281.00 PSF

Single Storey Terraced LRG 19/SS1

RM 350,000

1,302 sqft Jul 2022

RM 269.00 PSF

Double Storey Semi-D LORONG 2/SS5

RM 600,000

2,626 sqft Jul 2022

RM 228.00 PSF

Double Storey Shop LORONG 22/SS1

RM 880,000

1,399 sqft Jul 2022

RM 629.00 PSF

Double Storey Terraced LORONG 3/SS8

RM 526,000

1,711 sqft Jul 2022

RM 307.00 PSF

Double Storey Terraced LORONG 4/SS7

RM 470,000

1,119 sqft Jul 2022

RM 420.00 PSF

Double Storey Terraced LORONG 16/SS1

RM 460,000

1,302 sqft Jul 2022

RM 353.00 PSF

Single Storey Terraced LORONG 15 /SS3

RM 313,000

1,302 sqft Jun 2022

RM 240.00 PSF

Single Storey Terraced LRG 13/SS2

RM 350,000

1,302 sqft Jun 2022

RM 269.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 2

RM 750,000

1,302 sqft Jun 2022

RM 576.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 2

RM 850,000

1,302 sqft Jun 2022

RM 653.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 2

RM 880,000

1,302 sqft Jun 2022

RM 676.00 PSF

Double Storey Shop PERSIARAN MUTIARA 2

RM 800,000

1,432 sqft Jun 2022

RM 559.00 PSF

Double Storey Terraced LORONG 13/SS2

RM 520,000

2,099 sqft Jun 2022

RM 248.00 PSF

Double Storey Terraced LORONG 13/SS6

RM 460,000

1,399 sqft Jun 2022

RM 329.00 PSF

Double Storey Terraced LRG 12/SS6

RM 560,000

2,605 sqft Jun 2022

RM 215.00 PSF

Low-Cost Flat

RM 83,000

603 sqft Jun 2022

RM 138.00 PSF

Low-Cost Flat

RM 93,000

603 sqft Jun 2022

RM 154.00 PSF

Low-Cost Flat

RM 68,000

603 sqft Jun 2022

RM 113.00 PSF

Single Storey Terraced LRG 19/SS3

RM 310,000

1,399 sqft May 2022

RM 222.00 PSF

Double Storey Semi-D LORONG 1/SS 5

RM 605,000

3,078 sqft May 2022

RM 197.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 2

RM 1,280,000

2,336 sqft May 2022

RM 548.00 PSF

Double Storey Shop LORONG 22/SS1

RM 860,000

1,399 sqft May 2022

RM 615.00 PSF

Double Storey Terraced LORONG 9/SS1

RM 420,000

1,399 sqft May 2022

RM 300.00 PSF

Low-Cost Flat

RM 50,000

603 sqft May 2022

RM 83.00 PSF

Low-Cost Flat

RM 70,000

603 sqft May 2022

RM 116.00 PSF

Single Storey Terraced JALAN TASEK MUTIARA 8

RM 430,000

2,422 sqft Apr 2022

RM 178.00 PSF

Single Storey Terraced LORONG 8/SS2

RM 300,000

1,302 sqft Apr 2022

RM 230.00 PSF

Single Storey Terraced LORONG 20/SS3

RM 320,000

1,399 sqft Apr 2022

RM 229.00 PSF

Single Storey Terraced LRG 14 /SS3

RM 319,000

1,302 sqft Apr 2022

RM 245.00 PSF

Single Storey Terraced LRG 16/SS1

RM 340,000

1,302 sqft Apr 2022

RM 261.00 PSF

Single Storey Terraced LRG 16/SS2

RM 280,000

1,399 sqft Apr 2022

RM 200.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 2

RM 710,000

1,302 sqft Apr 2022

RM 545.00 PSF

Double Storey Shop LORONG 22/SS1

RM 900,000

1,894 sqft Apr 2022

RM 475.00 PSF

Double Storey Terraced LORONG 1/SS8

RM 430,000

1,184 sqft Apr 2022

RM 363.00 PSF

Low-Cost Flat

RM 65,000

603 sqft Apr 2022

RM 108.00 PSF

Single Storey Terraced LORONG 4/SS2

RM 300,000

1,195 sqft Mar 2022

RM 251.00 PSF

Single Storey Terraced LORONG 6/SS2

RM 300,000

1,195 sqft Mar 2022

RM 251.00 PSF

Single Storey Terraced LORONG 6/SS3

RM 350,000

1,798 sqft Mar 2022

RM 195.00 PSF

Single Storey Terraced LORONG 16/SS1

RM 275,000

1,300 sqft Mar 2022

RM 211.00 PSF

Single Storey Terraced LORONG 17/SS3

RM 380,000

2,637 sqft Mar 2022

RM 144.00 PSF

Type	Road	Price	PSF	Area	Date
Double Storey Terraced	LRG 9/SS6	RM 400,000	RM 286.00	1,399 sqft	Sep 2022
Single Storey Terraced	LORONG 3/SS2	RM 350,000	RM 229.00	1,528 sqft	Aug 2022
Single Storey Terraced	LORONG 8/SS2	RM 320,000	RM 246.00	1,302 sqft	Aug 2022
Single Storey Terraced	LRG 20/SS1	RM 340,000	RM 175.00	1,948 sqft	Aug 2022
Double Storey Shop	JALAN TASEK MUTIARA SS2	RM 520,000	RM 372.00	1,399 sqft	Aug 2022
Double Storey Shop	JLN TASEK MUTIARA 2	RM 750,000	RM 576.00	1,302 sqft	Aug 2022
Double Storey Shop	LORONG 1/SS1	RM 550,000	RM 393.00	1,399 sqft	Aug 2022
Low-Cost Flat		RM 68,000	RM 113.00	603 sqft	Aug 2022
Single Storey Terraced	LORONG 14/SS2	RM 280,000	RM 200.00	1,399 sqft	Jul 2022
Single Storey Terraced	LRG 16/SS1	RM 365,000	RM 281.00	1,300 sqft	Jul 2022
Single Storey Terraced	LRG 19/SS1	RM 350,000	RM 269.00	1,302 sqft	Jul 2022
Double Storey Semi-D	LORONG 2/SS5	RM 600,000	RM 228.00	2,626 sqft	Jul 2022
Double Storey Shop	LORONG 22/SS1	RM 880,000	RM 629.00	1,399 sqft	Jul 2022
Double Storey Terraced	LORONG 3/SS8	RM 526,000	RM 307.00	1,711 sqft	Jul 2022
Double Storey Terraced	LORONG 4/SS7	RM 470,000	RM 420.00	1,119 sqft	Jul 2022
Double Storey Terraced	LORONG 16/SS1	RM 460,000	RM 353.00	1,302 sqft	Jul 2022
Single Storey Terraced	LORONG 15 /SS3	RM 313,000	RM 240.00	1,302 sqft	Jun 2022
Single Storey Terraced	LRG 13/SS2	RM 350,000	RM 269.00	1,302 sqft	Jun 2022
Double Storey Shop	JALAN TASEK MUTIARA 2	RM 750,000	RM 576.00	1,302 sqft	Jun 2022
Double Storey Shop	JALAN TASEK MUTIARA 2	RM 850,000	RM 653.00	1,302 sqft	Jun 2022
Double Storey Shop	JALAN TASEK MUTIARA 2	RM 880,000	RM 676.00	1,302 sqft	Jun 2022
Double Storey Shop	PERSIARAN MUTIARA 2	RM 800,000	RM 559.00	1,432 sqft	Jun 2022
Double Storey Terraced	LORONG 13/SS2	RM 520,000	RM 248.00	2,099 sqft	Jun 2022
Double Storey Terraced	LORONG 13/SS6	RM 460,000	RM 329.00	1,399 sqft	Jun 2022
Double Storey Terraced	LRG 12/SS6	RM 560,000	RM 215.00	2,605 sqft	Jun 2022
Low-Cost Flat		RM 83,000	RM 138.00	603 sqft	Jun 2022
Low-Cost Flat		RM 93,000	RM 154.00	603 sqft	Jun 2022
Low-Cost Flat		RM 68,000	RM 113.00	603 sqft	Jun 2022
Single Storey Terraced	LRG 19/SS3	RM 310,000	RM 222.00	1,399 sqft	May 2022
Double Storey Semi-D	LORONG 1/SS 5	RM 605,000	RM 197.00	3,078 sqft	May 2022
Double Storey Shop	JALAN TASEK MUTIARA 2	RM 1,280,000	RM 548.00	2,336 sqft	May 2022
Double Storey Shop	LORONG 22/SS1	RM 860,000	RM 615.00	1,399 sqft	May 2022
Double Storey Terraced	LORONG 9/SS1	RM 420,000	RM 300.00	1,399 sqft	May 2022
Low-Cost Flat		RM 50,000	RM 83.00	603 sqft	May 2022
Low-Cost Flat		RM 70,000	RM 116.00	603 sqft	May 2022
Single Storey Terraced	JALAN TASEK MUTIARA 8	RM 430,000	RM 178.00	2,422 sqft	Apr 2022
Single Storey Terraced	LORONG 8/SS2	RM 300,000	RM 230.00	1,302 sqft	Apr 2022
Single Storey Terraced	LORONG 20/SS3	RM 320,000	RM 229.00	1,399 sqft	Apr 2022
Single Storey Terraced	LRG 14 /SS3	RM 319,000	RM 245.00	1,302 sqft	Apr 2022
Single Storey Terraced	LRG 16/SS1	RM 340,000	RM 261.00	1,302 sqft	Apr 2022
Single Storey Terraced	LRG 16/SS2	RM 280,000	RM 200.00	1,399 sqft	Apr 2022
Double Storey Shop	JALAN TASEK MUTIARA 2	RM 710,000	RM 545.00	1,302 sqft	Apr 2022
Double Storey Shop	LORONG 22/SS1	RM 900,000	RM 475.00	1,894 sqft	Apr 2022
Double Storey Terraced	LORONG 1/SS8	RM 430,000	RM 363.00	1,184 sqft	Apr 2022
Low-Cost Flat		RM 65,000	RM 108.00	603 sqft	Apr 2022
Single Storey Terraced	LORONG 4/SS2	RM 300,000	RM 251.00	1,195 sqft	Mar 2022
Single Storey Terraced	LORONG 6/SS2	RM 300,000	RM 251.00	1,195 sqft	Mar 2022
Single Storey Terraced	LORONG 6/SS3	RM 350,000	RM 195.00	1,798 sqft	Mar 2022
Single Storey Terraced	LORONG 16/SS1	RM 275,000	RM 211.00	1,300 sqft	Mar 2022
Single Storey Terraced	LORONG 17/SS3	RM 380,000	RM 144.00	2,637 sqft	Mar 2022

Auction Properties

2 auction properties in BANDAR TASEK MUTIARA

Type	Address	Reserve Price	PSF	Land Area	Auction Date
Terrace	No.16, Jalan Villa Mutiara, Villa Mutiara, Bandar...	RM 462,000	RM 317.93	1,453 sqft	07 Aug 2025
Semi-Detached	No. 40, Jalan Villa Mutiara, Villa Mutiara, Bandar...	RM 460,000	RM 136.10	3,380 sqft	07 Aug 2025