BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 256.
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 160K, with most transactions falling within a stable range of RM 120K to RM 200K, and a typical market range of RM 123K to RM 198K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 256, with core pricing between RM 216 and RM 296. Market pricing typically extends from RM 216.28 to RM 296.28, reflecting moderate variation in unit pricing. The spread of RM 80.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
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.
