BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 607.

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 1.00 million, with most transactions falling within a stable range of RM 900K to RM 1.10 million, and a typical market range of RM 931K to RM 1.07 million.

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 607, with most transactions between RM 549 and RM 664. The usual range is RM 583.63 to RM 629.38, 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 58 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.