Area Intelligence

BANDAR TASEK MUTIARA

23 properties
2021
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Median Price
RM 350,000
PSF: RM 231

Residential Market

Median Price

RM 340,000

IQR: RM 88
MAD: RM 46
RM 229 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 940,000

IQR: RM 226
MAD: RM 102
RM 546 PSF 2.9%

PSF Trends (2021-2025)

BANDAR TASEK MUTIARA in Seberang Perai Selatan, Penang recorded 23 subsale transactions in 2021, with a median price of RM 350K and a median price per square foot (PSF) of RM 231.

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 350K, with most transactions falling within a stable range of RM 150K to RM 550K, and a typical market range of RM 243K to RM 458K.

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 231, though individual units vary from RM 135 to RM 327 in the core range. The broader market spans RM 164.00 to RM 298.00, indicating diverse property characteristics. A wider spread (IQR: RM 134.00) and deviation (MAD: RM 96) 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

23 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 70,000
558 sqft · RM 126.00 PSF
Dec 2021
600 sqft
3 units Low-Cost Flat
RM 60,000
603 sqft · RM 100.00 PSF
Dec 2021
RM 70,000
603 sqft · RM 116.00 PSF
Sep 2021
RM 110,000
603 sqft · RM 182.00 PSF
Feb 2021
1,100 sqft
1 units Double Storey Terraced
RM 465,000
LORONG 2/SS7
1,119 sqft · RM 415.00 PSF
Sep 2021
1,200 sqft
1 units Single Storey Terraced
RM 300,000
LORONG 10/SS3
1,195 sqft · RM 251.00 PSF
Oct 2021
1,250 sqft
1 units Double Storey Terraced
RM 440,000
LORONG 4/SS8
1,259 sqft · RM 349.00 PSF
Sep 2021
1,300 sqft
5 units Single Storey Terraced
RM 350,000
LORONG 13/SS3
1,302 sqft · RM 269.00 PSF
Dec 2021
RM 300,000
LORONG 15/SS1
1,300 sqft · RM 231.00 PSF
Dec 2021
RM 290,000
LRG 14/SS3
1,302 sqft · RM 223.00 PSF
Dec 2021
RM 350,000
LRG 18/SS1
1,300 sqft · RM 269.00 PSF
Nov 2021
RM 330,000
LORONG 13/SS1
1,302 sqft · RM 253.00 PSF
Oct 2021
1,400 sqft
3 units
RM 320,000
Single Storey Terraced JLN TASEK MUTIARA 4
1,410 sqft · RM 227.00 PSF
Dec 2021
RM 300,000
Single Storey Terraced LRG 19/SS3
1,399 sqft · RM 214.00 PSF
Nov 2021
RM 480,000
Double Storey Terraced LORONG 13/SS6
1,399 sqft · RM 343.00 PSF
Sep 2021
1,500 sqft
1 units Single Storey Terraced
RM 300,000
LORONG 21/SS1
1,496 sqft · RM 201.00 PSF
Jul 2021
1,550 sqft
1 units Double Storey Terraced
RM 430,000
LORONG 3/SS6
1,539 sqft · RM 279.00 PSF
Oct 2021
1,700 sqft
1 units Double Storey Shop
RM 940,000
LORONG 22/SS1
1,722 sqft · RM 546.00 PSF
Dec 2021
2,200 sqft
1 units Double Storey Terraced
RM 580,000
LORONG 5/SS7
2,217 sqft · RM 262.00 PSF
Dec 2021
2,400 sqft
1 units Double Storey Semi-D
RM 664,000
LORONG 1/SS9
2,422 sqft · RM 274.00 PSF
Nov 2021
2,650 sqft
2 units Double Storey Semi-D
RM 530,000
LORONG 2/SS5
2,626 sqft · RM 202.00 PSF
Oct 2021
RM 500,000
LORONG 2/SS5
2,626 sqft · RM 190.00 PSF
Sep 2021
2,800 sqft
1 units Double Storey Semi-D
RM 510,000
LRG 12/SS 1
2,799 sqft · RM 182.00 PSF
Aug 2021

Auction Properties

2 auction properties in BANDAR TASEK MUTIARA