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 202K to RM 432K, and a typical market range of RM 172K to RM 462K.

Most transactions involved low-cost house, with high diversity across multiple property types.

The median PSF stands at RM 250, with core pricing between RM 225 and RM 276. Market pricing typically extends from RM 130.63 to RM 369.38, reflecting moderate variation in unit pricing. With an IQR of RM 238.75 and MAD of RM 26, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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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