Penang
Seberang Perai Utara
6
BERTAM PERDANA 2-LAKEVIEW

BERTAM PERDANA 2-LAKEVIEW

Area Intelligence

2021

Median Price

RM 389,000

PSF: RM 142

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Residential PSF Trends

Median Price

RM 389,000

PSF: RM 142

BERTAM PERDANA 2-LAKEVIEW in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 389K and a median price per square foot (PSF) of RM 142.

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 379K to RM 389K, and a typical market range of RM 367K to RM 389K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 142, with core pricing between RM 126 and RM 159. Market pricing typically extends from RM 106.00 to RM 178.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.

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BERTAM PERDANA 2-LAKEVIEW, Seberang Perai Utara, Penang

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