BERTAM PERDANA 2-LAKEVIEW in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 389K and a median price per square foot (PSF) of RM 159.
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 389K, with most transactions falling within a stable range of RM 202K to RM 576K, and a typical market range of RM 195K to RM 583K.
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 159, though individual units vary from RM 124 to RM 194 in the core range. The broader market spans RM 123.00 to RM 195.00, indicating diverse property characteristics. The spread of RM 72.00 (IQR) and deviation of RM 35 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
