BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 304.

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 190K, with most transactions falling within a stable range of RM 151K to RM 229K, and a typical market range of RM 160K to RM 220K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 304, with core pricing between RM 268 and RM 340. Market pricing typically extends from RM 272.00 to RM 336.00, reflecting moderate variation in unit pricing. With an IQR of RM 64.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.