BANDAR PUTRA BERTAM in Seberang Perai Utara, Penang recorded 18 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 275.
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 225K, with most transactions falling within a stable range of RM 109K to RM 341K, and a typical market range of RM 111K to RM 339K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 275, with core pricing between RM 232 and RM 319. Market pricing typically extends from RM 233.25 to RM 316.75, reflecting moderate variation in unit pricing. The spread of RM 83.50 (IQR) and deviation of RM 44 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
