BERTAM PERDANA 2 - LAKEVIEW in Seberang Perai Utara, Penang recorded 41 subsale transactions in 2023, with a median price of RM 756K and a median price per square foot (PSF) of RM 324.
This area contains both residential and commercial properties. View 83 residential properties or 11 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 756K, with most transactions falling within a stable range of RM 599K to RM 913K, and a typical market range of RM 611K to RM 902K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 324, though individual units vary from RM 244 to RM 404 in the core range. The broader market spans RM 238.50 to RM 409.50, indicating diverse property characteristics. The spread of RM 171.00 (IQR) and deviation of RM 80 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
