Kawasan Perniagaan Permatang Rawa

34, Jalan Permatang Rawa 1, Bandar Perda, 14000 Bukit Mertajam, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 644,500
PSF
RM 150
Price Size
Period
transactions middle 50% (P25–P75)
4,150 sqft
3-Sty Shop
RM 489,000
Jalan Permatang Rawa
4,144 sqft · RM 118 PSF
4,400 sqft
3-Sty Shop
RM 800,000
Jalan Permatang Rawa 1
4,413 sqft · RM 181 PSF
Legend Recent Highest Price Highest PSF

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Kaw. Perniagaan Pmtg Rawa/P.komersial Bm
© OpenStreetMap · CARTO

Kawasan Perniagaan Permatang Rawa, 34, Jalan Permatang Rawa 1, Bandar Perda, 14000 Bukit Mertajam, Penang, Malaysia

Maps

Kawasan Perniagaan Permatang Rawa in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 645K and a median price per square foot (PSF) of RM 150.

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 645K, with most transactions falling within a stable range of RM 489K to RM 800K, and a typical market range of RM 567K to RM 722K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 150, though individual units vary from RM 118 to RM 181 in the core range. The broader market spans RM 103.64 to RM 195.64, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.