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 185K to RM 265K, and a typical market range of RM 130K to RM 280K.
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 236 and RM 314. Market pricing typically extends from RM 233.25 to RM 316.75, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 39, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
