Plaza Bkt Mertajam(Summit)
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| LIST.MY · Plaza Bkt Mertajam(Summit) | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 1
|
RM170,000
|
RM263
|
646 sqft
|
|
Shop |
|
Level G
|
RM530,000
|
RM508
|
1,044 sqft
|
|
Shop |
| 2023 | |||||
|
Level 1
|
RM220,000
|
RM386
|
570 sqft
|
|
Shop |
|
Level 2
|
RM210,000
|
RM383
|
549 sqft
|
|
Shop |
| 2022 | |||||
|
Level G
|
RM183,000
|
RM333
|
549 sqft
|
|
Shop |
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Plaza Bkt Mertajam(Summit)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Mukit Mertajam
566, Jln Arumugam Pillai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsPlaza Bkt Mertajam(Summit) in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM210K and a median price per square foot (PSF) of RM383.
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 RM210K, with most transactions falling within a stable range of RM183K to RM237K, and a typical market range of RM192K to RM229K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM383, with core pricing between RM333 and RM433. Market pricing typically extends from RM356.04 to RM409.04, reflecting moderate variation in unit pricing. With an IQR of RM53.00 and MAD of RM50, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.