Penang
Seberang Perai Selatan
15
BANDAR TASEK MUTIARA

Area Intelligence

15, Seberang Perai Selatan, Penang

BANDAR TASEK MUTIARA

79 properties

2024

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Median Price

RM 470,000

PSF: RM 286

Residential Market

Median Price

RM 415,000

IQR: RM 88

MAD: RM 46

RM 266 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 700,000

IQR: RM 226

MAD: RM 102

RM 500 PSF 2.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

123 properties

Median Price

RM 360,000

+8.8% CAGR

Median PSF

RM 263.50

+7.7% CAGR

Double Storey Shop

65 properties

Median Price

RM 762,500

-1.6% CAGR

Median PSF

RM 532.50

+3.0% CAGR

Double Storey Terraced

59 properties

Median Price

RM 488,750

+2.4% CAGR

Median PSF

RM 343.00

+0.2% CAGR

Low-Cost Flat

43 properties

Median Price

RM 80,000

+8.6% CAGR

Median PSF

RM 133.00

+7.5% CAGR

Double Storey Semi-D

21 properties

Median Price

RM 627,500

+8.0% CAGR

Median PSF

RM 235.00

+8.3% CAGR

Single Storey Semi-D

2 properties

Median Price

RM 395,000

+2.6% CAGR

Median PSF

RM 143.00

+2.8% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	123	RM 360,000 ±30K MAD	+8.78%	RM 263.50 ±18 MAD	+7.67%
Double Storey Shop	65	RM 762,500 ±63K MAD	-1.64%	RM 532.50 ±19 MAD	+3.02%
Double Storey Terraced	59	RM 488,750 ±9K MAD	+2.45%	RM 343.00 ±1 MAD	+0.19%
Low-Cost Flat	43	RM 80,000 ±10K MAD	+8.64%	RM 133.00 ±12 MAD	+7.48%
Double Storey Semi-D	21	RM 627,500 ±35K MAD	+8.00%	RM 235.00 ±11 MAD	+8.30%
Single Storey Semi-D	2	RM 395,000 ±5K MAD	+2.56%	RM 143.00 ±2 MAD	+2.84%

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 79 subsale transactions in 2024, with a median price of RM 470K and a median price per square foot (PSF) of RM 286.

This area contains both residential and commercial properties. View 246 residential properties or 65 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 470K, with most transactions falling within a stable range of RM 256K to RM 684K, and a typical market range of RM 363K to RM 578K.

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

Price per square foot shows a median of RM 286, though individual units vary from RM 154 to RM 418 in the core range. The broader market spans RM 219.00 to RM 353.00, indicating diverse property characteristics. A wider spread (IQR: RM 134.00) and deviation (MAD: RM 132) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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BANDAR TASEK MUTIARA, Seberang Perai Selatan, Penang

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Property Type

All Types Single Storey Semi-D Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced Low-Cost Flat

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

79 properties found

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Grouped Individual

Double Storey Shop JALAN TASIK SS2

RM 650,000

1,399 sqft Dec 2024

RM 465.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 2

RM 865,000

1,302 sqft Nov 2024

RM 664.00 PSF

Single Storey Terraced LORONG 1/SS1

RM 280,000

1,367 sqft Nov 2024

RM 205.00 PSF

Low-Cost Flat

RM 110,000

603 sqft Oct 2024

RM 182.00 PSF

Double Storey Shop LORONG 1/SS2

RM 600,000

1,399 sqft Oct 2024

RM 429.00 PSF

Single Storey Terraced LORONG 5/SS3

RM 320,000

1,195 sqft Oct 2024

RM 268.00 PSF

Double Storey Terraced LORONG 9/SS1

RM 483,000

1,399 sqft Oct 2024

RM 345.00 PSF

Double Storey Terraced LORONG 2/SS6

RM 515,000

1,539 sqft Oct 2024

RM 335.00 PSF

Double Storey Terraced LORONG 1/ SS7

RM 490,000

1,119 sqft Oct 2024

RM 438.00 PSF

Single Storey Terraced LRG 14/SS3

RM 500,000

2,400 sqft Oct 2024

RM 208.00 PSF

Double Storey Semi-D LORONG 3/SS 5

RM 700,000

2,626 sqft Oct 2024

RM 267.00 PSF

Double Storey Semi-D LRG 3/SS5

RM 655,000

2,626 sqft Oct 2024

RM 249.00 PSF

Single Storey Terraced LORONG 6/SS2

RM 390,000

1,195 sqft Sep 2024

RM 326.00 PSF

Single Storey Terraced LORONG 15/SS2

RM 400,000

1,399 sqft Sep 2024

RM 286.00 PSF

Double Storey Terraced LORONG 13/SS6

RM 510,000

1,399 sqft Sep 2024

RM 364.00 PSF

Single Storey Terraced LORONG 17/SS1

RM 390,000

1,302 sqft Sep 2024

RM 299.00 PSF

Double Storey Terraced LORONG 1/SS 6

RM 820,000

3,498 sqft Sep 2024

RM 234.00 PSF

Single Storey Terraced LRG 2/SS2

RM 370,000

1,539 sqft Sep 2024

RM 240.00 PSF

Single Storey Terraced LRG 16/SS1

RM 400,000

1,302 sqft Sep 2024

RM 307.00 PSF

Double Storey Shop LORONG 1/SS2

RM 600,000

1,399 sqft Sep 2024

RM 429.00 PSF

Single Storey Terraced LORONG 3/SS 3

RM 400,000

1,195 sqft Aug 2024

RM 335.00 PSF

Low-Cost Flat

RM 92,000

603 sqft Aug 2024

RM 153.00 PSF

Double Storey Terraced LORONG 22/SS9

RM 480,000

1,141 sqft Aug 2024

RM 421.00 PSF

Single Storey Terraced LORONG 19/SS1

RM 345,000

1,302 sqft Aug 2024

RM 265.00 PSF

Single Storey Terraced LORONG 21/SS1

RM 325,000

1,496 sqft Aug 2024

RM 217.00 PSF

Double Storey Shop PERSIARAN MUTIARA 2

RM 950,000

1,432 sqft Aug 2024

RM 664.00 PSF

Single Storey Terraced LRG 18/SS2

RM 400,000

1,399 sqft Aug 2024

RM 286.00 PSF

Double Storey Shop JALAN TASEK MUTIARA 6

RM 920,000

1,432 sqft Aug 2024

RM 643.00 PSF

Low-Cost Flat

RM 68,000

603 sqft Jul 2024

RM 113.00 PSF

Single Storey Terraced LORONG 17/SS2

RM 380,000

1,399 sqft Jul 2024

RM 272.00 PSF

Double Storey Terraced LORONG 1/SS 6

RM 800,000

3,950 sqft Jul 2024

RM 203.00 PSF

Double Storey Shop PERSIARAN MUTIARA 1

RM 870,000

1,432 sqft Jul 2024

RM 608.00 PSF

Double Storey Semi-D LORONG 2/SS 5

RM 650,000

2,799 sqft Jul 2024

RM 232.00 PSF

Single Storey Semi-D LORONG 15/SS1

RM 400,000

2,766 sqft Jun 2024

RM 145.00 PSF

Single Storey Terraced LORONG 19/SS1

RM 360,000

1,302 sqft Jun 2024

RM 276.00 PSF

Single Storey Terraced LORONG 5/SS2

RM 450,000

2,131 sqft Jun 2024

RM 211.00 PSF

Low-Cost Flat

RM 110,000

603 sqft Jun 2024

RM 182.00 PSF

Double Storey Semi-D LORONG 1/SS5

RM 800,000

2,777 sqft Jun 2024

RM 288.00 PSF

Double Storey Shop LORONG 1/SS3

RM 490,000

1,399 sqft Jun 2024

RM 350.00 PSF

Double Storey Shop LRG 1/SS2

RM 600,000

1,399 sqft Jun 2024

RM 429.00 PSF

Single Storey Terraced LRG 18/SS2

RM 400,000

1,399 sqft Jun 2024

RM 286.00 PSF

Double Storey Terraced LRG 10/SS1

RM 500,000

1,399 sqft Jun 2024

RM 357.00 PSF

Double Storey Terraced LORONG 22/SS9

RM 500,000

1,141 sqft Jun 2024

RM 438.00 PSF

Double Storey Terraced LORONG 4/SS6

RM 530,000

1,399 sqft Jun 2024

RM 379.00 PSF

Double Storey Terraced LORONG 10/SS6

RM 550,000

1,399 sqft Jun 2024

RM 393.00 PSF

Single Storey Terraced LORONG 17/SS1

RM 430,000

1,927 sqft Jun 2024

RM 223.00 PSF

Low-Cost Flat

RM 100,000

603 sqft May 2024

RM 166.00 PSF

Double Storey Shop LORONG 1/SS3

RM 680,000

1,399 sqft May 2024

RM 486.00 PSF

Low-Cost Flat

RM 80,000

603 sqft May 2024

RM 133.00 PSF

Double Storey Shop PERSIARAN MUTIARA 7

RM 818,000

1,432 sqft May 2024

RM 571.00 PSF

Type	Road	Price	PSF	Area	Date
Double Storey Shop	JALAN TASIK SS2	RM 650,000	RM 465.00	1,399 sqft	Dec 2024
Double Storey Shop	JALAN TASEK MUTIARA 2	RM 865,000	RM 664.00	1,302 sqft	Nov 2024
Single Storey Terraced	LORONG 1/SS1	RM 280,000	RM 205.00	1,367 sqft	Nov 2024
Low-Cost Flat		RM 110,000	RM 182.00	603 sqft	Oct 2024
Double Storey Shop	LORONG 1/SS2	RM 600,000	RM 429.00	1,399 sqft	Oct 2024
Single Storey Terraced	LORONG 5/SS3	RM 320,000	RM 268.00	1,195 sqft	Oct 2024
Double Storey Terraced	LORONG 9/SS1	RM 483,000	RM 345.00	1,399 sqft	Oct 2024
Double Storey Terraced	LORONG 2/SS6	RM 515,000	RM 335.00	1,539 sqft	Oct 2024
Double Storey Terraced	LORONG 1/ SS7	RM 490,000	RM 438.00	1,119 sqft	Oct 2024
Single Storey Terraced	LRG 14/SS3	RM 500,000	RM 208.00	2,400 sqft	Oct 2024
Double Storey Semi-D	LORONG 3/SS 5	RM 700,000	RM 267.00	2,626 sqft	Oct 2024
Double Storey Semi-D	LRG 3/SS5	RM 655,000	RM 249.00	2,626 sqft	Oct 2024
Single Storey Terraced	LORONG 6/SS2	RM 390,000	RM 326.00	1,195 sqft	Sep 2024
Single Storey Terraced	LORONG 15/SS2	RM 400,000	RM 286.00	1,399 sqft	Sep 2024
Double Storey Terraced	LORONG 13/SS6	RM 510,000	RM 364.00	1,399 sqft	Sep 2024
Single Storey Terraced	LORONG 17/SS1	RM 390,000	RM 299.00	1,302 sqft	Sep 2024
Double Storey Terraced	LORONG 1/SS 6	RM 820,000	RM 234.00	3,498 sqft	Sep 2024
Single Storey Terraced	LRG 2/SS2	RM 370,000	RM 240.00	1,539 sqft	Sep 2024
Single Storey Terraced	LRG 16/SS1	RM 400,000	RM 307.00	1,302 sqft	Sep 2024
Double Storey Shop	LORONG 1/SS2	RM 600,000	RM 429.00	1,399 sqft	Sep 2024
Single Storey Terraced	LORONG 3/SS 3	RM 400,000	RM 335.00	1,195 sqft	Aug 2024
Low-Cost Flat		RM 92,000	RM 153.00	603 sqft	Aug 2024
Double Storey Terraced	LORONG 22/SS9	RM 480,000	RM 421.00	1,141 sqft	Aug 2024
Single Storey Terraced	LORONG 19/SS1	RM 345,000	RM 265.00	1,302 sqft	Aug 2024
Single Storey Terraced	LORONG 21/SS1	RM 325,000	RM 217.00	1,496 sqft	Aug 2024
Double Storey Shop	PERSIARAN MUTIARA 2	RM 950,000	RM 664.00	1,432 sqft	Aug 2024
Single Storey Terraced	LRG 18/SS2	RM 400,000	RM 286.00	1,399 sqft	Aug 2024
Double Storey Shop	JALAN TASEK MUTIARA 6	RM 920,000	RM 643.00	1,432 sqft	Aug 2024
Low-Cost Flat		RM 68,000	RM 113.00	603 sqft	Jul 2024
Single Storey Terraced	LORONG 17/SS2	RM 380,000	RM 272.00	1,399 sqft	Jul 2024
Double Storey Terraced	LORONG 1/SS 6	RM 800,000	RM 203.00	3,950 sqft	Jul 2024
Double Storey Shop	PERSIARAN MUTIARA 1	RM 870,000	RM 608.00	1,432 sqft	Jul 2024
Double Storey Semi-D	LORONG 2/SS 5	RM 650,000	RM 232.00	2,799 sqft	Jul 2024
Single Storey Semi-D	LORONG 15/SS1	RM 400,000	RM 145.00	2,766 sqft	Jun 2024
Single Storey Terraced	LORONG 19/SS1	RM 360,000	RM 276.00	1,302 sqft	Jun 2024
Single Storey Terraced	LORONG 5/SS2	RM 450,000	RM 211.00	2,131 sqft	Jun 2024
Low-Cost Flat		RM 110,000	RM 182.00	603 sqft	Jun 2024
Double Storey Semi-D	LORONG 1/SS5	RM 800,000	RM 288.00	2,777 sqft	Jun 2024
Double Storey Shop	LORONG 1/SS3	RM 490,000	RM 350.00	1,399 sqft	Jun 2024
Double Storey Shop	LRG 1/SS2	RM 600,000	RM 429.00	1,399 sqft	Jun 2024
Single Storey Terraced	LRG 18/SS2	RM 400,000	RM 286.00	1,399 sqft	Jun 2024
Double Storey Terraced	LRG 10/SS1	RM 500,000	RM 357.00	1,399 sqft	Jun 2024
Double Storey Terraced	LORONG 22/SS9	RM 500,000	RM 438.00	1,141 sqft	Jun 2024
Double Storey Terraced	LORONG 4/SS6	RM 530,000	RM 379.00	1,399 sqft	Jun 2024
Double Storey Terraced	LORONG 10/SS6	RM 550,000	RM 393.00	1,399 sqft	Jun 2024
Single Storey Terraced	LORONG 17/SS1	RM 430,000	RM 223.00	1,927 sqft	Jun 2024
Low-Cost Flat		RM 100,000	RM 166.00	603 sqft	May 2024
Double Storey Shop	LORONG 1/SS3	RM 680,000	RM 486.00	1,399 sqft	May 2024
Low-Cost Flat		RM 80,000	RM 133.00	603 sqft	May 2024
Double Storey Shop	PERSIARAN MUTIARA 7	RM 818,000	RM 571.00	1,432 sqft	May 2024

Auction Properties

2 auction properties in BANDAR TASEK MUTIARA

Type	Address	Reserve Price	PSF	Land Area	Auction Date
Terrace	No.16, Jalan Villa Mutiara, Villa Mutiara, Bandar...	RM 462,000	RM 317.93	1,453 sqft	06 Aug 2025
Semi-Detached	No. 40, Jalan Villa Mutiara, Villa Mutiara, Bandar...	RM 460,000	RM 136.10	3,380 sqft	06 Aug 2025