Bandar Perda

14000 Bukit Mertajam, Penang, Malaysia

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Selling in Bandar Perda? Homes here sold for a median of RM900,000.

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Market Snapshot

Commercial

RM900,000

RM450 psf

Median transaction price

Low

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Bandar Perda, 14000 Bukit Mertajam, Penang, Malaysia

Maps

Bandar Perda in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM900K and a median price per square foot (PSF) of RM450.

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 RM900K, with most transactions falling within a stable range of RM880K to RM920K, and a typical market range of RM888K to RM913K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM450, with most transactions between RM435 and RM465. The usual range is RM440.00 to RM460.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.00 and an average deviation (MAD) of RM15 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.