PLAZA BKT MERTAJAM(SUMMIT)

PLAZA BKT MERTAJAM(SUMMIT) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 385.

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 350K, with most transactions falling within a stable range of RM 323K to RM 377K, and a typical market range of RM 332K to RM 369K.

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

The median PSF stands at RM 385, with core pricing between RM 335 and RM 435. Market pricing typically extends from RM 358.92 to RM 411.92, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.