Bandar Tasek Mutiara, Simpang Ampat Insights

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Land Size (sqm)	:
GFA (sqm)	:
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Project Name	:Bandar Tasek Mutiara
Street Name	:
Postal Code	:14120
Property Type	:Flat,Terrace House
Tenure	:
District/Planning Area	:Simpang Ampat
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:0 units
Sold Price Range/Average*	:RM 174 psf - RM 284 psf / RM 230 psf
Leased Rental Range/Average**	:
Implied rental yield**	:%
Historical High	:RM 148 psf in Oct 2021 for a 6,071-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 0 psf in Feb 2006 for a 1,399-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

About This Project

**##Overview##** Bandar Tasek Mutiara is a township located east of Simpang Ampat, Seberang Prai on Penang Mainland. Developed by Pembangunan Bandar Mutiara, the area is also known as Pearl City, referring to the small township which sits at the heart of Bandar Tasek Mutiara. Part of Pearl City is a jointly developed with Tambun Indah Group. The area offers both commercial and residential properties. Much of the township is developed in phases since year 2003. All the development are still ongoing within the centre and the edges of the township, where there are still undeveloped land banks. **##Amenities and Facilities##** Bandar Tasek Mutiara has one primary school (SRK Bandar Tasek Mutiara) and one secondary school (SMK Bandar Tasek Mutiara). There is also a private school within the township called GEMS International School. The commercial hub of Bandar Tasek Mutiara sits in the middle of the township. The area is accessible via an oval-shaped ring road. Within this hub is the Pearl City Mall where the residents can enjoy dining at the many F&B outlets there as well as do grocery shopping at the local supermarket. For medical needs there is a pharmacy as well as private clinics inside the commercial hub. AEON Mall Bukit Mertajam and the Negeri Pulau Pinang Stadium is approximately 8 kilometres away. The presence of a purpose-built Balai Polis Bandar Tasek Mutiara ensures that the security of the area is given due attention. **##Accessibility and Transportation##** Bandar Tasek Mutiara easily accessible by the North South Highway via the Bukit Tambun Interchange, which is about 3km via Jalan Bukit Tambun. Meanwhile Rapid Penang provides an interstate bus service (No. 708) from Bukit Mertajam to Junjong, Kedah. This route passes through Bandar Tasek Mutiara as well as Pearl City Mall. The frequency of the bus service is dependent on the traffic conditions but the buses itself can be tracked via Rapid Penang iPlanner application, which can help commuters plan their journey. Rail services is via the Simpang Ampat town where there is a train station that connects commuters to the KTM ETS services that ply Padang Besar and Ipoh.

Sales Transaction of Bandar Tasek Mutiara

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Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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