Area Intelligence

BANDAR BUKIT MERTAJAM

1 properties
6-Storey Storey Shop
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Median Price
RM 862,000
PSF: RM 84

Residential Market

Median Price

RM 315,000

IQR: RM 89
MAD: RM 45
RM 213 PSF 11.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 862,000

IQR: RM 158
MAD: RM 94
RM 84 PSF 11.6%

PSF Trends (2021-2025)

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 1 6-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 6-storey storey shop properties, with a median price of RM 862K and a median price per square foot (PSF) of RM 84.

This area contains both residential and commercial properties. View 11 residential properties or 28 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Within the 6-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 84, with most transactions between RM 84 and RM 84. The usual range is RM 0.00 to RM 221.00, showing that most units are priced quite close to each other. With an IQR of RM 274.00 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

OSM

Transactions

1 properties grouped by size

10,300 sqft
1 units 6-Storey Storey Shop
RM 862,000
JALAN ARUMUGAM PILLAI
10,290 sqft · RM 84.00 PSF
Aug 2024