BANDAR BUKIT MERTAJAM

Area Intelligence
2022
Median Price
RM 550,000
PSF: RM 244

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 213

Commercial PSF Trends

Median Price

RM 550,000

RM 277 PSF

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 550K and a median price per square foot (PSF) of RM 244.

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 436K to RM 664K, and a typical market range of RM 400K 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 244, with core pricing between RM 210 and RM 277. Market pricing typically extends from RM 94.50 to RM 392.50, reflecting moderate variation in unit pricing. With an IQR of RM 298.00 and MAD of RM 34, 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

11 transactions grouped by size

1,650 sqft
Single Storey Terraced
RM 350,000
JALAN POW NEE
1,643 sqft · RM 213 PSF
RM 350,000
JALAN POW NEE
1,643 sqft · RM 213 PSF
1,700 sqft
Single Storey Semi-D
RM 320,000
JALAN CHOW BOON KHYE
1,695 sqft · RM 189 PSF
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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