Penang
Seberang Perai Utara
6
BERTAM PERDANA 2 - LAKEVIEW

BERTAM PERDANA 2 - LAKEVIEW

Area Intelligence

2022

Median Price

RM 354,000

PSF: RM 175

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Residential PSF Trends

Median Price

RM 354,000

PSF: RM 175

Commercial PSF Trends

Median Price

RM 756,000

RM 491 PSF

BERTAM PERDANA 2 - LAKEVIEW in Seberang Perai Utara, Penang recorded 23 subsale transactions in 2022, with a median price of RM 354K and a median price per square foot (PSF) of RM 175.

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.

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

For price per square foot, the median is RM 175, with most transactions between RM 175 and RM 175. The usual range is RM 89.50 to RM 260.50, showing that most units are priced quite close to each other. With an IQR of RM 171.00 and MAD of RM 0, 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. Moderate transaction volume may require patience when buying or selling.

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BERTAM PERDANA 2 - LAKEVIEW, Seberang Perai Utara, Penang

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