Area Intelligence

TAMAN BUKIT MERTAJAM INDAH

2 properties
2023
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Median Price
RM 820,000
PSF: RM 334

Residential Market

Median Price

RM 820,000

IQR: RM 34
MAD: RM 17
RM 334 PSF 2.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN BUKIT MERTAJAM INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 820K and a median price per square foot (PSF) of RM 334.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 820K, with most transactions falling within a stable range of RM 740K to RM 900K, and a typical market range of RM 766K to RM 874K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 334, though individual units vary from RM 202 to RM 465 in the core range. The broader market spans RM 316.63 to RM 350.38, indicating diverse property characteristics. A wider spread (IQR: RM 33.75) and deviation (MAD: RM 132) 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.

Area Location

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TAMAN BUKIT MERTAJAM INDAH, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,600 sqft
1 units Double Storey Terraced
RM 740,000
LEBUH HARMONI
1,593 sqft · RM 465.00 PSF
Jan 2023
4,450 sqft
1 units Double Storey Semi-D
RM 900,000
LORONG HARMONI 6
4,456 sqft · RM 202.00 PSF
Sep 2023