Plaza Bkt Mertajam(Summit)
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 1
|
RM 220,000
|
RM 386
|
570 sqft
|
|
Shop |
|
Level 2
|
RM 210,000
|
RM 383
|
549 sqft
|
|
Shop |
| 2022 | |||||
|
Level G
|
RM 183,000
|
RM 333
|
549 sqft
|
|
Shop |
Other Areas in Mukit Mertajam
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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, sized between 525 and 574 sqft, 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 194K to RM 220K, and a typical market range of RM 192K to RM 220K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 383, with most transactions between RM 359 and RM 406. The usual range is RM 356.04 to RM 409.04, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 24, 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.