Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

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Market Snapshot

RM375,000

RM255 psf

Median transaction price

RM720,000

RM503 psf

Median transaction price

Low

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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 0 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM420K and a median price per square foot (PSF) of RM274.

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 RM420K, with most transactions falling within a stable range of RM320K to RM520K, and a typical market range of RM308K to RM533K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM274, though individual units vary from RM207 to RM341 in the core range. The broader market spans RM207.50 to RM340.50, indicating diverse property characteristics. The spread of RM133.00 (IQR) and deviation of RM67 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.