Area Intelligence

KOMPLEKS BERTAM PERDANA

3 properties
2023
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Median Price
RM 560,000
PSF: RM 420

Commercial Market

Median Price

RM 560,000

IQR: RM 127
MAD: RM 60
RM 420 PSF 0.5%

PSF Trends (2021-2025)

KOMPLEKS BERTAM PERDANA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 420.

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 RM 560K, with most transactions falling within a stable range of RM 256K to RM 830K, and a typical market range of RM 312K to RM 808K.

Most transactions involved shop unit/retail lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 420, though individual units vary from RM 303 to RM 537 in the core range. The broader market spans RM 356.63 to RM 483.38, indicating diverse property characteristics. A wider spread (IQR: RM 126.75) and deviation (MAD: RM 117) 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.

Area Location

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KOMPLEKS BERTAM PERDANA, Seberang Perai Utara, Penang

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Transactions

3 properties found

Double Storey Shop JALAN DAGANGAN 3
RM 830,000
1,432 sqft Dec 2023
RM 580.00 PSF
Shop/Retail Lot
RM 95,000
226 sqft May 2023
RM 420.00 PSF
Shop/Retail Lot
RM 560,000
1,905 sqft Feb 2023
RM 294.00 PSF