Penang
Seberang Perai Tengah
7
BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN)

Area Intelligence

2022

Median Price

RM 730,000

PSF: RM 285

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 294

Commercial PSF Trends

Median Price

RM 1,075,000

RM 233 PSF

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 20 subsale transactions in 2022, with a median price of RM 730K and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 14 residential properties or 38 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 730K, with most transactions falling within a stable range of RM 601K to RM 500K, and a typical market range of RM 444K to RM 500K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 285, though individual units vary from RM 224 to RM 346 in the core range. The broader market spans RM 166.36 to RM 403.61, indicating diverse property characteristics. The spread of RM 237.25 (IQR) and deviation of RM 61 (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. Some price volatility exists, making thorough market research essential before transacting. 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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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 495,000

LORONG PERDA TIMUR 11

1,701 sqft • RM 291 PSF

Nov 2022

RM 500,000

LORONG PERDA TIMUR 9

1,755 sqft • RM 285 PSF

Oct 2022

RM 500,000

LORONG PERDA TIMUR 8

1,755 sqft • RM 285 PSF

Aug 2022

RM 190,000

Level 3

1,475 sqft • RM 129 PSF

Jul 2022

RM 240,000

Level 1

1,302 sqft • RM 184 PSF

Feb 2022

RM 335,000

Level 1

1,453 sqft • RM 231 PSF

Jan 2022

Road	Price	PSF	Size	Date	Type
LORONG PERDA TIMUR 11	RM 495,000	RM 291	1,701 sqft	Nov 2022	Double Storey Terraced
LORONG PERDA TIMUR 9	RM 500,000	RM 285	1,755 sqft	Oct 2022	Double Storey Terraced
LORONG PERDA TIMUR 8	RM 500,000	RM 285	1,755 sqft	Aug 2022	Double Storey Terraced
Level 3	RM 190,000	RM 129	1,475 sqft	Jul 2022	Shop/Retail Lot
Level 1	RM 240,000	RM 184	1,302 sqft	Feb 2022	Shop/Retail Lot
Level 1	RM 335,000	RM 231	1,453 sqft	Jan 2022	Shop/Retail Lot