Mukim 15, Seberang Perai Selatan, Pulau Pinang property prices

Transactions from January 2021 to May 2026

Recorded Transactions1,976
Total Properties Sold54
Total transactions ≤ RM1,000,0001,938
Total transactions above RM1,000,00038

Totals for Mukim 15, Seberang Perai Selatan, Pulau Pinang only. Properties sold counts distinct developments, not individual units.

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Mukim 15, Seberang Perai Selatan, Pulau Pinang property prices: key facts

Median Transacted Price
RM 507,500
Median Price PSF
RM 312.33
Most Preferred Tenure
Freehold
Most Transacted Property Type
2 - 2 1/2 Storey Terraced
Most Transacted Property
Bandar Tasek Mutiara
Most Properties Sold In
December 2021 (114 Sales)
Low-Cost / Affordable Sold
317 (Up To RM 300,000)
Medium-Cost / Mid-Market Sold
1,544 (Above RM 300,000 To RM 800,000)
Luxury / High-End Sold
104 (Above RM 800,000 To RM 2,500,000)
Ultra-Luxury Sold
11 (Above RM 2,500,000)

Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.

Median price by year

Yearly transaction medians for Mukim 15, Seberang Perai Selatan, Pulau Pinang
YearMedian priceMedian RM/sqftTotal transactions
2026RM 400,000RM 314.3353
2025RM 460,000RM 330.32149
2024RM 550,000RM 282.48365
2023RM 550,000RM 317.75578
2022RM 498,000RM 316.11604
2021RM 480,000RM 309.68227

Most Transacted Properties in Mukim 15, Seberang Perai Selatan, Pulau Pinang

Most Transacted Properties in Mukim 15, Seberang Perai Selatan, Pulau Pinang, ranked by recorded transactions
Property name Property type Total transactions Median price Median RM/sqft
BANDAR TASEK MUTIARA 1 - 1 1/2 Storey Terraced 362 RM 420,000 RM 272.87
TMN HIJAUAN VALDOR 1 - 1 1/2 Storey Semi-Detached 198 RM 625,000 RM 242.98
DAHLIA GARDEN 2 - 2 1/2 Storey Terraced 127 RM 608,000 RM 452.90
PANGSAPURI PERKHIDMATAN PALMA Serviced Apartment 124 RM 412,000 RM 485.03
PEARL IMPIANA 2 - 2 1/2 Storey Terraced 86 RM 626,000 RM 437.05
ASTER VILLA @ BANDAR TASEK MUTIARA 2 - 2 1/2 Storey Terraced 85 RM 670,000 RM 498.45
HIJAUAN HILL 2 - 2 1/2 Storey Shop 84 RM 661,000 RM 349.15
AMBAY GARDEN 2 - 2 1/2 Storey Semi-Detached 72 RM 561,500 RM 320.15
TMN PEKATRA INDAH 1 - 1 1/2 Storey Terraced 70 RM 280,000 RM 191.95
RUMAH PANGSA MUTIARA INDAH Low-Cost Flat 65 RM 42,000 RM 62.93

Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.

Mukim 15, Seberang Perai Selatan, Pulau Pinang Property Market Insight

Between January 2021 and May 2026, Mukim 15, Seberang Perai Selatan, Pulau Pinang recorded 1,976 property transactions within this area. The overall median transacted price stood at RM 507,500 (RM 312.33 PSF), serving as a practical benchmark for comparing localized values.

The market's upper bound reached RM 6,000,000 in Mukim 15, whereas the lowest recorded sale was RM 42,000 in Mukim 15. Across the area, 2 - 2 1/2 Storey Terraced emerged as the most transacted property type.

Extreme prices describe individual recorded sales, not the typical price of an entire area.

Frequently Asked Questions

What is the median property price in Mukim 15, Seberang Perai Selatan, Pulau Pinang?

The median transacted property price in Mukim 15, Seberang Perai Selatan, Pulau Pinang is RM 507,500 (RM 312.33 per sq. ft.), based on 1,976 recorded sales from January 2021 to May 2026.

How much do high-rise properties cost in Mukim 15, Seberang Perai Selatan, Pulau Pinang?

The median transacted price for high-rise properties (condominiums and apartments) in Mukim 15, Seberang Perai Selatan, Pulau Pinang is RM 410,000, based on 139 transactions recorded from January 2021 to May 2026.

What type of tenure do buyers in Mukim 15, Seberang Perai Selatan, Pulau Pinang prefer?

Freehold is the most frequently transacted tenure, accounting for 1,888 of 1,976 recorded transactions. Sales volume alone does not establish buyer preference.

How do residential and commercial prices compare in Mukim 15, Seberang Perai Selatan, Pulau Pinang?

Residential properties in Mukim 15, Seberang Perai Selatan, Pulau Pinang transacted at a median price of RM 500,000 across 1,772 sales, while commercial and industrial properties transacted at a median of RM 698,000 across 204 sales. A median is unavailable when no usable prices are recorded.

What are the most active or dominant property sub-sectors in Mukim 15, Seberang Perai Selatan, Pulau Pinang?

2 - 2 1/2 Storey Terraced accounts for the most recorded transactions (690). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.

How reliable is this data, and can I rely on it to make a decision for my next property purchase?

These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.

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How to read these figures

Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.

Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.

State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.

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