Bandar Bukit Mertajam
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pow Nee
|
RM 350,000
|
RM 213
|
1,643 sqft
|
|
|
|
Jalan Pow Nee
|
RM 350,000
|
RM 213
|
1,643 sqft
|
|
|
Jalan Chow Boon Khye
|
RM 320,000
|
RM 189
|
1,695 sqft
|
|
|
Jalan Aston
|
RM 550,000
|
RM 279
|
1,970 sqft
|
|
1-Sty Shop |
|
Jalan Aston
|
RM 550,000
|
RM 279
|
1,970 sqft
|
|
2-Sty Shop |
|
Jalan Aston
|
RM 550,000
|
RM 279
|
1,970 sqft
|
|
2-Sty Shop |
|
Jalan Che Bee Noor
|
RM 550,000
|
RM 279
|
1,970 sqft
|
|
2-Sty Shop |
|
Jalan Dato Ooh Choi Cheng
|
RM 500,000
|
RM 228
|
2,196 sqft
|
|
|
Jalan Aston
|
RM 680,000
|
RM 275
|
2,476 sqft
|
|
|
Jalan Maju
|
RM 650,000
|
RM 243
|
2,669 sqft
|
|
|
|
Tingkat Maju
|
RM 550,000
|
RM 206
|
2,669 sqft
|
|
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Market Snapshot
RM 335,000
RM 201 psfMedian transaction price
RM 550,000
RM 277 psfMedian transaction price
Bukit Mertajam, 14000 Bukit Mertajam, Penang, Malaysia
MapsBandar 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 236.
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 397K to RM 680K, 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.
The median PSF stands at RM 236, with core pricing between RM 193 and RM 279. Market pricing typically extends from RM 86.60 to RM 384.60, reflecting moderate variation in unit pricing. The spread of RM 298.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.
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.