Bandar Tasek Mutiara
14120 Simpang Ampat, Penang, Malaysia
14120 Simpang Ampat, Penang, Malaysia
Selling in Bandar Tasek Mutiara? Homes here sold for a median of RM550,000.
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Nearby areas in 15
Bandar Tasek Mutiara
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Aster Villa @ Bandar Tasek Mutiara
Hijauan Hill
Ambay Garden
Taman Pekatra Indah
Rumah Pangsa Mutiara Indah
Taman Puteri Gunung
Residensi Villa Mutiara
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 15
Market Snapshot
RM550,000
RM256 psfMedian transaction price
RM720,000
RM503 psfMedian transaction price
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Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
MapsBandar Tasek Mutiara in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,125 and 2,174 sqft, with a median price of RM550K and a median price per square foot (PSF) of RM256.
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 RM550K, with most transactions falling within a stable range of RM450K to RM650K, and a typical market range of RM450K to RM650K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM256, with core pricing between RM211 and RM300. Market pricing typically extends from RM189.07 to RM322.07, reflecting moderate variation in unit pricing. The spread of RM133.00 (IQR) and deviation of RM44 (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.