Mukit Mertajam, Seberang Perai Tengah, Penang

BANDAR BUKIT MERTAJAM

Area Intelligence

1 subsale transactions

2021

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Median Price

RM 600,000

PSF: RM 168

Residential PSF Trends

Median Price

RM 600,000

PSF: RM 168

Commercial PSF Trends

Median Price

RM 615,000

RM 401 PSF

PROPERTY TYPES

Double Storey Shop

25 transactions

RM 570K

Single Storey Terraced

6 transactions

RM 350K

Low-Cost House

4 transactions

RM 200K

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 600K and a median price per square foot (PSF) of RM 168.

This area contains both residential and commercial properties. View 12 residential properties or 30 commercial properties separately for more focused analysis.

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

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

For price per square foot, the median is RM 168, with most transactions between RM 168 and RM 168. The usual range is RM 19.50 to RM 316.50, showing that most units are priced quite close to each other. With an IQR of RM 297.00 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. 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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