BANDAR PERDA (PMTG ROTAN)

Area Intelligence
2023
Median Price
RM 580,000
PSF: RM 414

Residential PSF Trends

Median Price

RM 570,000

PSF: RM 356

Commercial PSF Trends

Median Price

RM 850,000

RM 516 PSF

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2023, with a median price of RM 580K and a median price per square foot (PSF) of RM 414.

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 580K, with most transactions falling within a stable range of RM 500K to RM 728K, and a typical market range of RM 500K to RM 866K.

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

The median PSF stands at RM 414, with core pricing between RM 332 and RM 496. Market pricing typically extends from RM 295.38 to RM 532.63, reflecting moderate variation in unit pricing. The spread of RM 237.25 (IQR) and deviation of RM 82 (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.

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BANDAR PERDA (PMTG ROTAN), Seberang Perai Tengah, Penang

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Transactions

11 transactions grouped by size

1,300 sqft
Double Storey Shop
RM 530,000
JALAN PERDA SELATAN
1,281 sqft · RM 414 PSF
RM 550,000
JALAN PERDA SELATAN
1,281 sqft · RM 429 PSF
1,550 sqft
Double Storey Terraced
RM 500,000
LORONG PERDA TIMUR 10
1,539 sqft · RM 325 PSF
RM 580,000
LORONG PERDA TIMUR 8
1,539 sqft · RM 377 PSF
RM 570,000
LORONG PERDA TIMUR 8
1,539 sqft · RM 370 PSF
RM 548,000
LORONG PERDA TIMUR 11
1,539 sqft · RM 356 PSF
1,650 sqft
3-Storey Shop
RM 864,000
LORONG PERDA SELATAN 1
1,647 sqft · RM 525 PSF
RM 850,000
LORONG PERDA SELATAN 1
1,647 sqft · RM 516 PSF
RM 850,000
LORONG PERDA SELATAN 1
1,647 sqft · RM 516 PSF
RM 880,000
LORONG PERDA SELATAN 1
1,647 sqft · RM 534 PSF
2,250 sqft
Double Storey Terraced
RM 680,000
LORONG PERDA TIMUR 9
2,239 sqft · RM 304 PSF

No Properties For Sale

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

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