BERTAM AVENUE

BERTAM AVENUE in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2024, with a median price of RM 849K and a median price per square foot (PSF) of RM 593.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 849K, with most transactions falling within a stable range of RM 703K to RM 996K, and a typical market range of RM 685K to RM 1.01 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 593, with core pricing between RM 491 and RM 696. Market pricing typically extends from RM 478.00 to RM 708.00, reflecting moderate variation in unit pricing. The spread of RM 230.00 (IQR) and deviation of RM 103 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.