Penang, Seberang Perai Tengah, Mukit Mertajam

BANDAR BUKIT MERTAJAM

Area Intelligence

2023

Median Price

RM 5,000,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 315,000

PSF: RM 213

Commercial PSF Trends

Median Price

RM 5,000,000

RM 186 PSF

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 5.00 million and a median price per square foot (PSF) of RM 186.

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.

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 186, with most transactions between RM 186 and RM 186. The usual range is RM 37.00 to RM 335.00, showing that most units are priced quite close to each other. With an IQR of RM 298.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

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