BERTAM PERDANA 2 - LAKEVIEW in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2022, with a median price of RM 42K and a median price per square foot (PSF) of RM 46.
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 42K, with most transactions falling within a stable range of RM 42K to RM 44K, and a typical market range of RM 42K to RM 46K.
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 46, with most transactions between RM 46 and RM 46. The usual range is RM 0.00 to RM 131.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.
