BANDAR BUKIT MERTAJAM

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 400.

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.

Price per square foot shows a median of RM 400, though individual units vary from RM 296 to RM 504 in the core range. The broader market spans RM 251.00 to RM 549.00, indicating diverse property characteristics. A wider spread (IQR: RM 298.00) and deviation (MAD: RM 104) indicate significant PSF variations, likely due to diverse property types or conditions.

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.