Plaza Bkt Mertajam(Summit)

566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 210,000
PSF
RM 383
550 sqft
Shop
RM 220,000
Level 1
570 sqft · RM 386 PSF
RM 210,000
Level 2
549 sqft · RM 383 PSF
RM 183,000
Level G
549 sqft · RM 333 PSF
650 sqft
Shop
RM 170,000
Level 1
646 sqft · RM 263 PSF
1,050 sqft
Shop
RM 530,000
Level G
1,044 sqft · RM 508 PSF
Legend Recent Highest Price Highest PSF
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Plaza Bkt Mertajam(Summit)
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566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Plaza Bkt Mertajam(Summit) in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 210K and a median price per square foot (PSF) of RM 383.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 210K, with most transactions falling within a stable range of RM 183K to RM 237K, and a typical market range of RM 192K to RM 229K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 383, with core pricing between RM 333 and RM 433. Market pricing typically extends from RM 356.04 to RM 409.04, reflecting moderate variation in unit pricing. With an IQR of RM 53.00 and MAD of RM 50, 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.