BANDAR PUTRA BERTAM in Seberang Perai Utara, Penang recorded 71 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 292.
This area contains both residential and commercial properties. View 154 residential properties or 32 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 385K, with most transactions falling within a stable range of RM 269K to RM 501K, and a typical market range of RM 271K to RM 499K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 292, with core pricing between RM 249 and RM 336. Market pricing typically extends from RM 250.25 to RM 333.75, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 44, 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. Moderate transaction volume may require patience when buying or selling.
