Area Intelligence

BANDAR TASEK MUTIARA

43 properties
Low-Cost Flat
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Median Price
RM 76,000
PSF: RM 126

Residential Market

Median Price

RM 76,000

IQR: RM 88
MAD: RM 46
RM 126 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

IQR: RM 226
MAD: RM 102
RM 531 PSF 2.9%

PSF Trends (2021-2025)

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 43 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 76K and a median price per square foot (PSF) of RM 126.

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 76K, with most transactions falling within a stable range of RM 57K to RM 95K, and a typical market range of RM 50K to RM 135K.

Within the Low-Cost Flat category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 126, though individual units vary from RM 94 to RM 158 in the core range. The broader market spans RM 59.00 to RM 193.00, indicating diverse property characteristics. A wider spread (IQR: RM 134.00) and deviation (MAD: RM 32) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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BANDAR TASEK MUTIARA, Seberang Perai Selatan, Penang

OSM

Transactions

43 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 70,000
558 sqft · RM 126.00 PSF
Dec 2021
600 sqft
42 units (showing 6) Low-Cost Flat
RM 120,000
603 sqft · RM 199.00 PSF
Jan 2025
RM 75,000
603 sqft · RM 124.00 PSF
Jan 2025
RM 110,000
603 sqft · RM 182.00 PSF
Oct 2024
RM 92,000
603 sqft · RM 153.00 PSF
Aug 2024
RM 68,000
603 sqft · RM 113.00 PSF
Jul 2024
RM 110,000
603 sqft · RM 182.00 PSF
Jun 2024

Auction Properties

2 auction properties in BANDAR TASEK MUTIARA