Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

Property Transactions

13 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM550,000
Lorong 5/SS6
1,496 sqft RM368 PSF
RM483,000
Lorong 9/SS1
1,518 sqft RM318 PSF
RM325,000
Lorong 21/SS1
1,496 sqft RM217 PSF
RM465,000
Lorong 1/SS 6
1,496 sqft RM311 PSF
RM470,000
Lorong 10/SS1
1,518 sqft RM310 PSF
RM420,000
Lorong 8/SS1
1,518 sqft RM277 PSF
RM490,000
Lorong 8/SS1
1,518 sqft RM323 PSF
RM295,000
Lorong 28/SS3
1,507 sqft RM196 PSF
RM499,000
Lorong 5/SS6
1,496 sqft RM334 PSF
RM475,000
Lorong 7/SS6
1,485 sqft RM320 PSF
RM518,000
Lorong 5/SS6
1,496 sqft RM346 PSF
RM420,000
Lorong 9/SS1
1,518 sqft RM277 PSF
RM300,000
Lorong 21/SS1
1,496 sqft RM201 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM470,000

RM311 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 13 subsale transactions between 2021 and 2026, sized between 1,475 and 1,524 sqft, with a median price of RM470K and a median price per square foot (PSF) of RM311.

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 RM470K, with most transactions falling within a stable range of RM390K to RM550K, and a typical market range of RM358K to RM550K.

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

The median PSF stands at RM311, with core pricing between RM257 and RM364. Market pricing typically extends from RM244.29 to RM377.29, reflecting moderate variation in unit pricing. The spread of RM133.00 (IQR) and deviation of RM54 (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.