BANDAR BUKIT MERTAJAM

Area Intelligence
2024
Median Price
RM 600,000
PSF: RM 295

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 214

Commercial PSF Trends

Median Price

RM 615,000

RM 298 PSF

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2024, priced between RM 300K and RM 750K, with a median price of RM 600K and a median price per square foot (PSF) of RM 295.

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 600K, with most transactions falling within a stable range of RM 495K to RM 700K, and a typical market range of RM 450K to RM 700K.

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

The median PSF stands at RM 295, with core pricing between RM 255 and RM 335. Market pricing typically extends from RM 146.37 to RM 444.37, reflecting moderate variation in unit pricing. With an IQR of RM 298.00 and MAD of RM 40, 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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Property Transactions

9 transactions grouped by size

1,650 sqft
Single Storey Terraced
RM 350,000
JALAN POW NEE
1,637 sqft · RM 214 PSF
1,750 sqft
Double Storey Shop
RM 550,000
JALAN DANBY
1,765 sqft · RM 312 PSF
1,900 sqft
Double Storey Shop
RM 600,000
JALAN DATUK OOH CHOI CHENG
1,884 sqft · RM 319 PSF
2,000 sqft
Double Storey Shop
RM 585,000
JALAN STESYEN
1,981 sqft · RM 295 PSF
2,050 sqft
Double Storey Shop
RM 700,000
JALAN DATO OOH CHOOI CHENG
2,034 sqft · RM 344 PSF
2,100 sqft
Double Storey Shop
RM 550,000
JALAN STESEN
2,077 sqft · RM 265 PSF
2,350 sqft
Double Storey Shop
RM 700,000
LORONG MAJU
2,325 sqft · RM 301 PSF
2,650 sqft
Double Storey Shop
RM 630,000
JALAN STESHEN
2,669 sqft · RM 236 PSF
2,750 sqft
Double Storey Shop
RM 700,000
JALAN KULIM
2,745 sqft · RM 255 PSF

No Properties For Sale

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

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