Area Intelligence

BANDAR PERDA (PMTG ROTAN)

4 properties
Double Storey Shop
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Median Price
RM 575,000
PSF: RM 449

Commercial Market

Median Price

RM 575,000

IQR: RM 194
MAD: RM 89
RM 449 PSF 1.9%

PSF Trends (2021-2025)

BANDAR PERDA (PMTG ROTAN) in Seberang Perai Tengah, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 575K and a median price per square foot (PSF) of RM 449.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 575K, with most transactions falling within a stable range of RM 530K to RM 971K, and a typical market range of RM 530K to RM 819K.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 449, though individual units vary from RM 340 to RM 557 in the core range. The broader market spans RM 351.50 to RM 545.50, indicating diverse property characteristics. The spread of RM 194.00 (IQR) and deviation of RM 109 (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.

Area Location

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

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Transactions

4 properties grouped by size

1,300 sqft
3 units Double Storey Shop
RM 530,000
JALAN PERDA SELATAN
1,281 sqft · RM 414.00 PSF
Oct 2023
RM 550,000
JALAN PERDA SELATAN
1,281 sqft · RM 429.00 PSF
May 2023
RM 600,000
DE' RENDEZVOUS
1,281 sqft · RM 468.00 PSF
Oct 2022
2,150 sqft
1 units Double Storey Shop
RM 1,472,000
JALAN PERDA UTAMA
2,153 sqft · RM 684.00 PSF
Apr 2024