PLAZA BKT MERTAJAM(SUMMIT)

PLAZA BKT MERTAJAM(SUMMIT) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 170K and a median price per square foot (PSF) of RM 263.

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 170K, with most transactions falling within a stable range of RM 143K to RM 197K, and a typical market range of RM 152K to RM 189K.

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

The median PSF stands at RM 263, with core pricing between RM 213 and RM 313. Market pricing typically extends from RM 236.73 to RM 289.73, reflecting moderate variation in unit pricing. The spread of RM 53.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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.