BANDAR PERDA (PMTG ROTAN)

Area Intelligence
2024
Median Price
RM 200,000
PSF: RM 320

Residential PSF Trends

Median Price

RM 200,000

PSF: RM 320

Commercial PSF Trends

Median Price

RM 1,000,000

RM 607 PSF

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 21 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 320.

This area contains both residential and commercial properties. View 69 residential properties or 12 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 200K, with most transactions falling within a stable range of RM 160K to RM 240K, and a typical market range of RM 163K to RM 238K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 320, with core pricing between RM 280 and RM 360. Market pricing typically extends from RM 280.00 to RM 360.00, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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BANDAR PERDA (PMTG ROTAN), Seberang Perai Tengah, Penang

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