BERTAM AVENUE

Area Intelligence
2024
Median Price
RM 849,000
PSF: RM 593

Commercial PSF Trends

Median Price

RM 849,000

RM 593 PSF

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 831K to RM 849K, and a typical market range of RM 806K to RM 849K.

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

For price per square foot, the median is RM 593, with most transactions between RM 581 and RM 605. The usual range is RM 478.00 to RM 708.00, showing that most units are priced quite close to each other. With an IQR of RM 230.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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.

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BERTAM AVENUE, Seberang Perai Utara, Penang

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