BERTAM PERDANA 2 - LAKEHOMES in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 620K and a median price per square foot (PSF) of RM 140.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 620K, with most transactions falling within a stable range of RM 590K to RM 650K, and a typical market range of RM 605K to RM 635K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 140, with core pricing between RM 123 and RM 158. Market pricing typically extends from RM 131.25 to RM 148.75, reflecting moderate variation in unit pricing. With an IQR of RM 17.50 and MAD of RM 18, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.