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 689K to RM 672K, and a typical market range of RM 611K to RM 672K.

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

The median PSF stands at RM 324, with core pricing between RM 267 and RM 381. Market pricing typically extends from RM 238.50 to RM 409.50, reflecting moderate variation in unit pricing. The spread of RM 171.00 (IQR) and deviation of RM 57 (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.

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BERTAM PERDANA 2 - LAKEVIEW, Seberang Perai Utara, Penang

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Transactions

15 transactions grouped by size

1,500 sqft
Double Storey Terraced
RM 503,000
BERTAM PERDANA 2
1,512 sqft · RM 333 PSF
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
3,600 sqft
Single Storey Semi-D
RM 672,000
SEMAK SEMULA PLAN BANGUNAN
3,601 sqft · RM 187 PSF

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

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