Penang
Seberang Perai Tengah
7
BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN)

Area Intelligence

2021

Median Price

RM 350,000

PSF: RM 285

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Residential PSF Trends

Median Price

RM 541,500

PSF: RM 347

Commercial PSF Trends

Median Price

RM 350,000

RM 285 PSF

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, priced between RM 300K and RM 500K, with a median price of RM 350K 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.

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 285 and RM 285. The usual range is RM 166.40 to RM 403.66, showing that most units are priced quite close to each other. With an IQR of RM 237.25 and MAD of RM 0, 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. 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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