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. The median price is RM 354K, with most transactions falling within a stable range of RM 197K to RM 511K, and a typical market range of RM 209K to RM 500K.
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 175, though individual units vary from RM 95 to RM 255 in the core range. The broader market spans RM 89.50 to RM 260.50, indicating diverse property characteristics. A wider spread (IQR: RM 171.00) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
