Plaza Bkt Mertajam(Summit)
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
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566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsPlaza Bkt Mertajam(Summit) in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 220K and a median price per square foot (PSF) of RM 386.
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 220K, with most transactions falling within a stable range of RM 170K to RM 379K, and a typical market range of RM 202K to RM 239K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 386, though individual units vary from RM 286 to RM 485 in the core range. The broader market spans RM 359.13 to RM 412.13, indicating diverse property characteristics. A wider spread (IQR: RM 53.00) and deviation (MAD: RM 100) 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.