BANDAR BUKIT MERTAJAM

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 410K and a median price per square foot (PSF) of RM 202.

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 334K to RM 486K, and a typical market range of RM 315K to RM 500K.

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 202, though individual units vary from RM 158 to RM 246 in the core range. The broader market spans RM 52.96 to RM 350.96, indicating diverse property characteristics. The spread of RM 298.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.