Bandar Tasek Mutiara

14120 Simpang Ampat, Penang, Malaysia

Property Transactions

49 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM70,000
Level 3
558 sqft · RM126 PSF
600 sqft
LC Flat
RM140,000
Level 3
603 sqft · RM232 PSF
RM110,000
Level 2
603 sqft · RM182 PSF
RM150,000
Level G
603 sqft · RM249 PSF
RM105,000
Level 3
603 sqft · RM174 PSF
RM85,000
Level 2
603 sqft · RM141 PSF
RM130,000
Level 1
603 sqft · RM216 PSF
+42 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM80,000

RM133 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 49 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM80K and a median price per square foot (PSF) of RM133.

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 RM80K, with most transactions falling within a stable range of RM56K to RM104K, and a typical market range of RM50K to RM150K.

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 RM133, though individual units vary from RM93 to RM172 in the core range. The broader market spans RM66.22 to RM199.22, indicating diverse property characteristics. A wider spread (IQR: RM133.00) and deviation (MAD: RM39) 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.