PLAZA BKT MERTAJAM(SUMMIT)

Area Intelligence

2023

Median Price

RM 215,000

PSF: RM 384

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 215,000

RM 385 PSF

PLAZA BKT MERTAJAM(SUMMIT) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 215K and a median price per square foot (PSF) of RM 384.

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 215K, with most transactions falling within a stable range of RM 210K to RM 220K, and a typical market range of RM 210K 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 384, with most transactions between RM 383 and RM 386. The usual range is RM 357.59 to RM 410.59, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 2, 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.

Loading map...

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

OSM