PINGGIRAN BERTAM PERDANA (BP4)

Area Intelligence
2023
Median Price
RM 317,000
PSF: RM 250

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 566,000

RM 474 PSF

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 355K to RM 340K, and a typical market range of RM 355K to RM 400K.

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 236 and RM 265. 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 15, 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.

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PINGGIRAN BERTAM PERDANA (BP4), Seberang Perai Utara, Penang

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Transactions

2 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 400,000
LORONG PINGGIRAN BERTAM 6
1,539 sqft · RM 260 PSF
RM 355,000
LORONG PINGGIRAN BERTAM 18
1,539 sqft · RM 231 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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