Bandar Bukit Mertajam

Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM 437,500
PSF
RM 232
Price Size
RM 600,000
Jalan Datuk Ooh Choi Cheng
1,884 sqft RM 319 PSF
RM 275,000
Jalan Permatang Rawa
1,884 sqft RM 146 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 275,000

RM 146 psf

Median transaction price

RM 600,000

RM 319 psf

Median transaction price

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Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia

Maps

Bandar Bukit Mertajam in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM 438K and a median price per square foot (PSF) of RM 232.

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 438K, with most transactions falling within a stable range of RM 275K to RM 600K, and a typical market range of RM 288K to RM 588K.

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 232, though individual units vary from RM 146 to RM 319 in the core range. The broader market spans RM 83.26 to RM 381.26, indicating diverse property characteristics. A wider spread (IQR: RM 298.00) and deviation (MAD: RM 86) 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.