BANDAR BUKIT MERTAJAM

Area Intelligence
2024
Median Price
RM 615,000
PSF: RM 260

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 233

Commercial PSF Trends

Median Price

RM 700,000

RM 265 PSF

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2024, with a median price of RM 615K and a median price per square foot (PSF) of RM 260.

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 615K, with most transactions falling within a stable range of RM 354K to RM 876K, and a typical market range of RM 465K to RM 765K.

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 260, though individual units vary from RM 181 to RM 339 in the core range. The broader market spans RM 110.89 to RM 408.89, indicating diverse property characteristics. A wider spread (IQR: RM 298.00) and deviation (MAD: RM 79) 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.

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

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Property Transactions

14 transactions grouped by road

RM 200,000
858 sqft
RM 233 PSF
RM 250,000
856 sqft
RM 292 PSF
RM 350,000
1,637 sqft
RM 214 PSF
RM 550,000
2,077 sqft
RM 265 PSF
RM 585,000
1,981 sqft
RM 295 PSF
RM 862,000
185,064 sqft
RM 5 PSF
RM 700,000
2,325 sqft
RM 301 PSF
RM 1,000,000
4,661 sqft
RM 215 PSF
RM 700,000
2,745 sqft
RM 255 PSF
RM 600,000
1,884 sqft
RM 319 PSF
RM 1,200,000
5,457 sqft
RM 220 PSF
RM 550,000
1,765 sqft
RM 312 PSF
RM 700,000
2,034 sqft
RM 344 PSF
RM 630,000
2,669 sqft
RM 236 PSF

No Properties For Sale

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

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