Area Intelligence

BANDAR BUKIT MERTAJAM

3 properties
Low-Cost House
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Median Price
RM 150,000
PSF: RM 168

Residential Market

Median Price

RM 150,000

IQR: RM 89
MAD: RM 45
RM 168 PSF 11.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 615,000

IQR: RM 158
MAD: RM 94
RM 401 PSF 11.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 3 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 150K and a median price per square foot (PSF) of RM 168.

This area contains both residential and commercial properties. View 11 residential properties or 28 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 150K, with most transactions falling within a stable range of RM 125K to RM 204K, and a typical market range of RM 125K to RM 250K.

Within the Low-Cost House category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 168, though individual units vary from RM 108 to RM 228 in the core range. The broader market spans RM 31.00 to RM 305.00, indicating diverse property characteristics. A wider spread (IQR: RM 274.00) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BUKIT MERTAJAM, Seberang Perai Tengah, Penang

OSM

Transactions

3 properties grouped by size

900 sqft
3 units Low-Cost House
RM 250,000
LORONG PAYA 2
893 sqft · RM 280.00 PSF
Dec 2023
RM 150,000
JALAN PAYA
893 sqft · RM 168.00 PSF
May 2023
RM 125,000
JALAN PAYA
883 sqft · RM 142.00 PSF
Dec 2022