Penang
Seberang Perai Tengah
6
BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN)

Area Intelligence

2021

Median Price

RM 171,000

PSF: RM 264

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Residential PSF Trends

Median Price

RM 160,000

PSF: RM 256

Commercial PSF Trends

Median Price

RM 925,000

RM 530 PSF

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2021, with a median price of RM 171K and a median price per square foot (PSF) of RM 264.

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.

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

For price per square foot, the median is RM 264, with most transactions between RM 264 and RM 264. The usual range is RM 224.00 to RM 304.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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

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