Bandar Bukit Mertajam
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sentosa
|
RM 260,000
|
RM 174
|
1,495 sqft
|
|
|
Jalan Asmara
|
RM 300,000
|
RM 142
|
2,110 sqft
|
|
|
Jalan Pasar
|
RM 1,350,000
|
RM 523
|
2,583 sqft
|
|
|
Jalan Pow Nee
|
RM 500,000
|
RM 159
|
3,148 sqft
|
|
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Market Snapshot
RM 380,000
RM 166 psfMedian transaction price
RM 825,000
RM 332 psfMedian transaction price
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
MapsBandar Bukit Mertajam in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 400K and a median price per square foot (PSF) of RM 166.
This area contains both residential and commercial properties. View 13 residential properties or 30 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 260K to RM 841K, and a typical market range of RM 260K to RM 550K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 166, though individual units vary from RM 8 to RM 325 in the core range. The broader market spans RM 17.37 to RM 315.37, indicating diverse property characteristics. A wider spread (IQR: RM 298.00) and deviation (MAD: RM 158) 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.