Mukit Mertajam, Seberang Perai Tengah, Penang

BANDAR BUKIT MERTAJAM

Area Intelligence

12 subsale transactions

2022

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Median Price

RM 550,000

PSF: RM 381

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 201

Commercial PSF Trends

Median Price

RM 550,000

RM 402 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 12 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 381.

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. The median price is RM 550K, with most transactions falling within a stable range of RM 397K to RM 680K, and a typical market range of RM 397K 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 381, though individual units vary from RM 265 to RM 496 in the core range. The broader market spans RM 232.00 to RM 529.00, indicating diverse property characteristics. A wider spread (IQR: RM 297.00) and deviation (MAD: RM 116) 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.

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

OSM

Transactions

12 transactions grouped by size

Price Range

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Max Price

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Size Range (sqft)

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Max Size

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Road	Price	PSF	Size	Date	Type

900 sqft

Low-Cost House

900 sqft

Low-Cost House

RM 125,000

JALAN PAYA

883 sqft · RM 142.00 PSF

Dec 2022

JALAN PAYA

RM 125,000

RM 142.00

883 sqft

Dec 2022

1,200 sqft

Double Storey Shop

1,200 sqft

Double Storey Shop

RM 500,000

JALAN DATO OOH CHOI CHENG

1,207 sqft · RM 414.00 PSF

Apr 2022

JALAN DATO OOH CHOI CHENG

RM 500,000

RM 414.00

1,207 sqft

Apr 2022

1,300 sqft

Double Storey Shop

1,300 sqft

Double Storey Shop

RM 650,000

JALAN MAJU

1,308 sqft · RM 497.00 PSF

Apr 2022

JALAN MAJU

RM 650,000

RM 497.00

1,308 sqft

Apr 2022

1,350 sqft

RM 680,000

Double Storey Shop JALAN ASTON

1,368 sqft · RM 497.00 PSF

Jul 2022

RM 550,000

Single Storey Shop JALAN ASTON

1,366 sqft · RM 403.00 PSF

Mar 2022

RM 550,000

Double Storey Shop JALAN ASTON

1,371 sqft · RM 401.00 PSF

Mar 2022

RM 550,000

Double Storey Shop JALAN ASTON

1,375 sqft · RM 400.00 PSF

Mar 2022

JALAN ASTON	RM 680,000	RM 497.00	1,368 sqft	Jul 2022	Double Storey Shop
JALAN ASTON	RM 550,000	RM 403.00	1,366 sqft	Mar 2022	Single Storey Shop
JALAN ASTON	RM 550,000	RM 401.00	1,371 sqft	Mar 2022	Double Storey Shop
JALAN ASTON	RM 550,000	RM 400.00	1,375 sqft	Mar 2022	Double Storey Shop

1,500 sqft

Double Storey Shop

1,500 sqft

Double Storey Shop

RM 550,000

TINGKAT MAJU

1,524 sqft · RM 361.00 PSF

Apr 2022

TINGKAT MAJU

RM 550,000

RM 361.00

1,524 sqft

Apr 2022

1,650 sqft

RM 350,000

Single Storey Terraced JALAN POW NEE

1,643 sqft · RM 213.00 PSF

Nov 2022

RM 350,000

Single Storey Terraced JALAN POW NEE

1,643 sqft · RM 213.00 PSF

Apr 2022

RM 550,000

Double Storey Shop JALAN CHE BEE NOOR

1,658 sqft · RM 332.00 PSF

Mar 2022

JALAN POW NEE	RM 350,000	RM 213.00	1,643 sqft	Nov 2022	Single Storey Terraced
JALAN POW NEE	RM 350,000	RM 213.00	1,643 sqft	Apr 2022	Single Storey Terraced
JALAN CHE BEE NOOR	RM 550,000	RM 332.00	1,658 sqft	Mar 2022	Double Storey Shop