BERTAM PERDANA 2-LAKEVIEW

BERTAM PERDANA 2-LAKEVIEW in Seberang Perai Utara, Penang recorded 21 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 804K and a median price per square foot (PSF) of RM 130.

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 804K, with most transactions falling within a stable range of RM 692K to RM 955K, and a typical market range of RM 692K to RM 998K.

Within the Bungalow category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 130, with core pricing between RM 115 and RM 145. Market pricing typically extends from RM 94.00 to RM 166.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 15, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.