Bandar Bukit Mertajam
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Asmara
|
RM 300,000
|
RM 142
|
2,110 sqft
|
|
2-Sty Shop |
| 2024 | |||||
|
Jalan Stesen
|
RM 550,000
|
RM 265
|
2,077 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Jalan Stesyen
|
RM 410,000
|
RM 197
|
2,077 sqft
|
|
2-Sty Shop |
Other Areas in Mukit Mertajam
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Market Snapshot
RM 315,000
RM 213 psfMedian transaction price
RM 410,000
RM 197 psfMedian transaction price
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
MapsBandar Bukit Mertajam in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 2,075 and 2,124 sqft, with a median price of RM 410K and a median price per square foot (PSF) of RM 197.
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 410K, with most transactions falling within a stable range of RM 308K to RM 512K, and a typical market range of RM 300K 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 197, though individual units vary from RM 147 to RM 247 in the core range. The broader market spans RM 48.36 to RM 346.36, indicating diverse property characteristics. A wider spread (IQR: RM 298.00) and deviation (MAD: RM 50) 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.