BANDAR PERDA (PMTG ROTAN)

Area Intelligence
2021
Median Price
RM 752,500
PSF: RM 472

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 358

Commercial PSF Trends

Median Price

RM 945,000

RM 612 PSF

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2021, with a median price of RM 753K and a median price per square foot (PSF) of RM 472.

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 753K, with most transactions falling within a stable range of RM 555K to RM 950K, and a typical market range of RM 535K to RM 950K.

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 472, though individual units vary from RM 342 to RM 602 in the core range. The broader market spans RM 353.38 to RM 590.63, indicating diverse property characteristics. A wider spread (IQR: RM 237.25) and deviation (MAD: RM 130) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

4 transactions grouped by size

1,450 sqft
4-Storey Shop
RM 940,000
JALAN PERDA SELATAN
1,453 sqft · RM 647 PSF
1,550 sqft
Double Storey Terraced
RM 535,000
LORONG PERDA TIMUR 9
1,539 sqft · RM 348 PSF
RM 565,000
LORONG PERDA TIMUR 12
1,539 sqft · RM 367 PSF
1,650 sqft
3-Storey Shop
RM 950,000
JALAN PERDA SELATAN
1,647 sqft · RM 577 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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