TAMAN BUKIT MERTAJAM INDAH Property Investment Analysis

17, Seberang Perai Tengah, Penang

Median Price
RM 850,000
CAGR
-1.9%
Median PSF
RM 320.50
CAGR
-2.2%
Transactions
8
Period
2021-2024

PROPERTY TYPES OVERVIEW

TAMAN BUKIT MERTAJAM INDAH in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 321.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 850K, with most transactions falling within a stable range of RM 780K to RM 920K, and a typical market range of RM 796K to RM 904K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 321, with most transactions between RM 304 and RM 338. The usual range is RM 303.63 to RM 337.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.75 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

8 found
2 - 2 1/2 Storey Semi-Detached
LORONG HARMONI 4
RM 850,000
PSF: RM 295.00
Area: 2,885 sqft
Date: Oct 2024
2 - 2 1/2 Storey Terraced
LORONG HARMONI 4
RM 1,000,000
PSF: RM 321.00
Area: 3,111 sqft
Date: Aug 2024
2 - 2 1/2 Storey Semi-Detached
LORONG HARMONI 6
RM 900,000
PSF: RM 202.00
Area: 4,456 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
LEBUH HARMONI
RM 740,000
PSF: RM 465.00
Area: 1,593 sqft
Date: Jan 2023
2 - 2 1/2 Storey Semi-Detached
LORONG HARMONI 6
RM 850,000
PSF: RM 328.00
Area: 2,594 sqft
Date: Sep 2022
2 - 2 1/2 Storey Semi-Detached
LORONG HARMONI 5
RM 760,000
PSF: RM 293.00
Area: 2,594 sqft
Date: Jan 2022
2 - 2 1/2 Storey Semi-Detached
LORONG HARMONI 6
RM 830,000
PSF: RM 320.00
Area: 2,594 sqft
Date: Jan 2022
2 - 2 1/2 Storey Semi-Detached
LORONG HARMONI 6
RM 980,000
PSF: RM 329.00
Area: 2,982 sqft
Date: Dec 2021