BANDAR BUKIT MERTAJAM

Area Intelligence
2022
Median Price
RM 550,000
PSF: RM 236

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 201

Commercial PSF Trends

Median Price

RM 550,000

RM 402 PSF

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2022, with a median price of RM 550K 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 550K, with most transactions falling within a stable range of RM 500K to RM 606K, and a typical market range of RM 500K to RM 680K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 236, with core pricing between RM 208 and RM 263. Market pricing typically extends from RM 86.60 to RM 384.60, reflecting moderate variation in unit pricing. With an IQR of RM 298.00 and MAD of RM 27, 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.

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

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Transactions

8 transactions grouped by size

1,950 sqft
RM 550,000
JALAN ASTON
1,970 sqft · RM 279 PSF
RM 550,000
JALAN ASTON
1,970 sqft · RM 279 PSF
RM 550,000
JALAN ASTON
1,970 sqft · RM 279 PSF
RM 550,000
JALAN CHE BEE NOOR
1,970 sqft · RM 279 PSF
2,200 sqft
Double Storey Shop
RM 500,000
JALAN DATO OOH CHOI CHENG
2,196 sqft · RM 228 PSF
2,500 sqft
Double Storey Shop
RM 680,000
JALAN ASTON
2,476 sqft · RM 275 PSF
2,650 sqft
Double Storey Shop
RM 650,000
JALAN MAJU
2,669 sqft · RM 243 PSF
RM 550,000
TINGKAT MAJU
2,669 sqft · RM 206 PSF

No Properties For Sale

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

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