BANDAR PERDA (PMTG ROTAN)

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 351.

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 540K, with most transactions falling within a stable range of RM 215K to RM 865K, and a typical market range of RM 254K to RM 826K.

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 351, though individual units vary from RM 165 to RM 538 in the core range. The broader market spans RM 232.38 to RM 469.63, indicating diverse property characteristics. A wider spread (IQR: RM 237.25) and deviation (MAD: RM 187) 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.