BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 304.
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 190K, with most transactions falling within a stable range of RM 150K to RM 230K, and a typical market range of RM 153K to RM 228K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 304, with core pricing between RM 264 and RM 344. Market pricing typically extends from RM 264.00 to RM 344.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.
