Kawasan Perniagaan Permatang Rawa

34, Jalan Permatang Rawa 1, Bandar Perda, 14000 Bukit Mertajam, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM710,000
PSF
RM171
Period
transactions middle 50% (P25–P75)
4,150 sqft
3-Sty Shop
RM489,000
Jalan Permatang Rawa
4,144 sqft · RM118 PSF
RM710,000
Jalan Permatang Rawa 1
4,144 sqft · RM171 PSF
4,400 sqft
3-Sty Shop
RM800,000
Jalan Permatang Rawa 1
4,413 sqft · RM181 PSF
Legend Recent Highest Price Highest PSF

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Kaw. Perniagaan Pmtg Rawa/P.komersial Bm
© OpenStreetMap · CARTO

Kawasan Perniagaan Permatang Rawa, 34, Jalan Permatang Rawa 1, Bandar Perda, 14000 Bukit Mertajam, Penang, Malaysia

Maps

Kawasan Perniagaan Permatang Rawa in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM710K and a median price per square foot (PSF) of RM171.

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 RM710K, with most transactions falling within a stable range of RM620K to RM800K, and a typical market range of RM632K to RM788K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM171, though individual units vary from RM113 to RM229 in the core range. The broader market spans RM125.33 to RM217.33, indicating diverse property characteristics. A wider spread (IQR: RM92.00) and deviation (MAD: RM58) indicate significant PSF variations, likely due to diverse property types or conditions.

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.