Penang
Seberang Perai Utara
6
BANDAR PUTRA BERTAM

BANDAR PUTRA BERTAM

Area Intelligence

2023

Median Price

RM 385,000

PSF: RM 292

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 283

Commercial PSF Trends

Median Price

RM 560,000

RM 381 PSF

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.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 292, with most transactions between RM 292 and RM 292. The usual range is RM 250.25 to RM 333.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 0, 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.

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BANDAR PUTRA BERTAM, Seberang Perai Utara, Penang

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