PINGGIRAN BERTAM PERDANA (BP4) in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2023, with a median price of RM 317K and a median price per square foot (PSF) of RM 250.
This area contains both residential and commercial properties. View 24 residential properties or 8 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 317K, with most transactions falling within a stable range of RM 292K to RM 279K, and a typical market range of RM 210K to RM 279K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 250, with most transactions between RM 227 and RM 273. The usual range is RM 130.63 to RM 369.38, showing that most units are priced quite close to each other. With an IQR of RM 238.75 and MAD of RM 23, 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.
