BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 925K and a median price per square foot (PSF) of RM 530.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 925K, with most transactions falling within a stable range of RM 650K to RM 1.20 million, and a typical market range of RM 856K to RM 994K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 530, with most transactions between RM 516 and RM 544. The usual range is RM 507.13 to RM 552.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.75 and an average deviation (MAD) of RM 14 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.