Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

Property Transactions

5 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Lorong 2/SS2
1,539 sqft RM292 PSF
RM370,000
Lorong 2/SS2
1,539 sqft RM240 PSF
RM335,000
Lorong Tasek Mutiara 2 SS/2
1,539 sqft RM218 PSF
RM350,000
Lorong 3/SS2
1,528 sqft RM229 PSF
RM290,000
Lorong 2/SS2
1,539 sqft RM188 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Tasek Mutiara? Homes here sold for a median of RM350,000.

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Market Snapshot

RM350,000

RM229 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 5 subsale transactions between 2021 and 2026, sized between 1,525 and 1,574 sqft, with a median price of RM350K and a median price per square foot (PSF) of RM229.

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 RM350K, with most transactions falling within a stable range of RM297K to RM403K, and a typical market range of RM290K to RM450K.

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

The median PSF stands at RM229, with core pricing between RM195 and RM263. Market pricing typically extends from RM162.49 to RM295.49, reflecting moderate variation in unit pricing. With an IQR of RM133.00 and MAD of RM34, the PSF demonstrates reasonable consistency across the market.

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.