BANDAR BUKIT MERTAJAM

Area Intelligence
2022
Median Price
RM 550,000
PSF: RM 236

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 201

Commercial PSF Trends

Median Price

RM 550,000

RM 277 PSF

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 236.

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 550K, with most transactions falling within a stable range of RM 397K to RM 680K, and a typical market range of RM 400K to RM 680K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 236, with core pricing between RM 193 and RM 279. Market pricing typically extends from RM 86.60 to RM 384.60, reflecting moderate variation in unit pricing. The spread of RM 298.00 (IQR) and deviation of RM 43 (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.

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

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Property Transactions

12 transactions grouped by road

1,970 - 2,476 sqft
RM 680,000
2,476 sqft
RM 275 PSF · Double Storey Shop
RM 550,000
1,970 sqft
RM 279 PSF · Single Storey Shop
RM 550,000
1,970 sqft
RM 279 PSF · Double Storey Shop
RM 550,000
1,970 sqft
RM 279 PSF · Double Storey Shop
RM 350,000
1,643 sqft
RM 213 PSF
RM 350,000
1,643 sqft
RM 213 PSF
RM 125,000
883 sqft
RM 142 PSF
RM 320,000
1,695 sqft
RM 189 PSF
RM 650,000
2,669 sqft
RM 243 PSF
RM 500,000
2,196 sqft
RM 228 PSF
RM 550,000
2,669 sqft
RM 206 PSF
RM 550,000
1,970 sqft
RM 279 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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