BERTAM PERDANA 2 - LAKEVIEW

Area Intelligence
2023
Median Price
RM 756,000
PSF: RM 324

Residential PSF Trends

Median Price

RM 503,000

PSF: RM 236

Commercial PSF Trends

Median Price

RM 756,000

RM 491 PSF

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 711K to RM 499K, and a typical market range of RM 611K to RM 499K.

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 324, with most transactions between RM 295 and RM 353. The usual range is RM 238.50 to RM 409.50, showing that most units are priced quite close to each other. With an IQR of RM 171.00 and MAD of RM 29, 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.

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BERTAM PERDANA 2 - LAKEVIEW, Seberang Perai Utara, Penang

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Transactions

10 transactions grouped by size

1,550 sqft
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324 PSF
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324 PSF
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324 PSF
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324 PSF
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324 PSF
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324 PSF

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There are currently no properties listed for sale in this area.

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