Area Intelligence

PLAZA BKT MERTAJAM(SUMMIT)

5 properties
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Median Price
RM 210,000
PSF: RM 383

Commercial Market

Median Price

RM 210,000

IQR: RM 53
MAD: RM 50
RM 383 PSF 7.6%

PSF Trends (2021-2025)

PLAZA BKT MERTAJAM(SUMMIT) in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, 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 356.50 to RM 409.50, 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.

Area Location

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

OSM

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Transactions

5 properties grouped by size

550 sqft
3 units Shop/Retail Lot
RM 220,000
570 sqft · RM 386.00 PSF
Apr 2023
RM 210,000
549 sqft · RM 383.00 PSF
Feb 2023
RM 183,000
549 sqft · RM 333.00 PSF
Jan 2022
650 sqft
1 units Shop/Retail Lot
RM 170,000
646 sqft · RM 263.00 PSF
Sep 2024
1,050 sqft
1 units Shop/Retail Lot
RM 530,000
1,044 sqft · RM 508.00 PSF
Jun 2024