Bandar Bukit Mertajam
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Steshen
|
RM 630,000
|
RM 236
|
2,669 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Jalan Steshen
|
RM 630,000
|
RM 236
|
2,669 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Maju
|
RM 650,000
|
RM 243
|
2,669 sqft
|
|
2-Sty Shop |
|
Tingkat Maju
|
RM 550,000
|
RM 206
|
2,669 sqft
|
|
2-Sty Shop |
Other Areas in Mukit Mertajam
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Market Snapshot
RM 315,000
RM 213 psfMedian transaction price
RM 630,000
RM 236 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, sized between 2,625 and 2,674 sqft, with a median price of RM 630K 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 630K, with most transactions falling within a stable range of RM 592K to RM 650K, and a typical market range of RM 550K to RM 650K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 236, with most transactions between RM 222 and RM 250. The usual range is RM 87.00 to RM 385.00, showing that most units are priced quite close to each other. With an IQR of RM 298.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.
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.