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 442.
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.
The median PSF stands at RM 442, with core pricing between RM 363 and RM 520. Market pricing typically extends from RM 322.88 to RM 560.13, reflecting moderate variation in unit pricing. The spread of RM 237.25 (IQR) and deviation of RM 78 (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.
