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 287K to RM 483K, 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 247 and RM 337. Market pricing typically extends from RM 250.25 to RM 333.75, reflecting moderate variation in unit pricing. The spread of RM 83.50 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.
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.
