BERTAM PERDANA 2 - LAKEVIEW

BERTAM PERDANA 2 - LAKEVIEW in Seberang Perai Utara, Penang recorded 14 subsale transactions in 2022, with a median price of RM 502K and a median price per square foot (PSF) of RM 277.

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 502K, with most transactions falling within a stable range of RM 325K to RM 559K, and a typical market range of RM 356K to RM 559K.

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 277, though individual units vary from RM 164 to RM 390 in the core range. The broader market spans RM 191.50 to RM 362.50, indicating diverse property characteristics. A wider spread (IQR: RM 171.00) and deviation (MAD: RM 113) 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. Limited transaction history suggests carefully evaluating comparable sales data.