Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN BUKIT

Area Intelligence

2024

Median Price

RM 690,000

PSF: RM 197

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Residential PSF Trends

Median Price

RM 690,000

PSF: RM 197

TAMAN BUKIT in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 690K and a median price per square foot (PSF) of RM 197.

This area contains both residential and commercial properties. View 7 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 690K, with most transactions falling within a stable range of RM 680K to RM 700K, and a typical market range of RM 680K to RM 700K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 197, with most transactions between RM 192 and RM 201. The usual range is RM 176.00 to RM 217.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUKIT, Seberang Perai Tengah, Penang

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