Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

Property Transactions

7 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Tasek Mutiara 10/SS2
1,948 sqft RM231 PSF
RM430,000
Lorong 18/SS1
1,950 sqft RM220 PSF
RM430,000
Lorong 17/SS1
1,927 sqft RM223 PSF
RM440,000
Lorong 16/SS1
1,927 sqft RM228 PSF
RM450,000
Lorong 16/SS1
1,948 sqft RM231 PSF
RM380,000
Lorong 17/SS1
1,948 sqft RM195 PSF
RM340,000
Lorong 20/SS1
1,948 sqft RM175 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Tasek Mutiara? Homes here sold for a median of RM430,000.

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Market Snapshot

RM430,000

RM223 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 7 subsale transactions between 2021 and 2026, sized between 1,925 and 1,974 sqft, with a median price of RM430K and a median price per square foot (PSF) of RM223.

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 RM430K, with most transactions falling within a stable range of RM392K to RM450K, and a typical market range of RM340K to RM450K.

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

For price per square foot, the median is RM223, with most transactions between RM203 and RM243. The usual range is RM156.67 to RM289.67, showing that most units are priced quite close to each other. With an IQR of RM133.00 and MAD of RM20, 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.