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 338

Commercial PSF Trends

Median Price

RM 1,075,000

RM 477 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 705K to RM 240K, and a typical market range of RM 444K to RM 240K.

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

For price per square foot, the median is RM 285, with most transactions between RM 257 and RM 313. The usual range is RM 166.36 to RM 403.61, showing that most units are priced quite close to each other. With an IQR of RM 237.25 and MAD of RM 28, 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. 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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