BANDAR BUKIT MERTAJAM

BANDAR BUKIT MERTAJAM in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2024, with a median price of RM 615K and a median price per square foot (PSF) of RM 421.

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 615K, with most transactions falling within a stable range of RM 354K to RM 876K, and a typical market range of RM 465K to RM 765K.

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

Price per square foot shows a median of RM 421, though individual units vary from RM 219 to RM 622 in the core range. The broader market spans RM 283.50 to RM 557.50, indicating diverse property characteristics. A wider spread (IQR: RM 274.00) and deviation (MAD: RM 201) 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.