BERTAM PERDANA 2-LAKEVIEW in Seberang Perai Utara, Penang recorded 48 subsale transactions between 2021 and 2025, with a median price of RM 700K and a median price per square foot (PSF) of RM 136.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 513K to RM 887K, and a typical market range of RM 506K to RM 894K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 136, though individual units vary from RM 101 to RM 171 in the core range. The broader market spans RM 100.00 to RM 172.00, indicating diverse property characteristics. A wider spread (IQR: RM 72.00) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
