Area Intelligence

PLAZA BKT MERTAJAM(SUMMIT)

1 properties
2022
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Median Price
RM 183,000
PSF: RM 333

Commercial Market

Median Price

RM 183,000

IQR: RM 53
MAD: RM 50
RM 333 PSF 7.6%

PSF Trends (2021-2025)

PLAZA BKT MERTAJAM(SUMMIT) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 183K and a median price per square foot (PSF) of RM 333.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 333, with most transactions between RM 333 and RM 333. The usual range is RM 306.50 to RM 359.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 0, 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.

Area Location

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PLAZA BKT MERTAJAM(SUMMIT), Seberang Perai Tengah, Penang

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Transactions

1 properties found

Shop/Retail Lot
RM 183,000
549 sqft Jan 2022
RM 333.00 PSF