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 233K to RM 537K, 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.
Price per square foot shows a median of RM 292, though individual units vary from RM 227 to RM 357 in the core range. The broader market spans RM 250.25 to RM 333.75, indicating diverse property characteristics. The spread of RM 83.50 (IQR) and deviation of RM 65 (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.
