BERTAM PERDANA 2 - LAKEVIEW

Area Intelligence
2022
Median Price
RM 559,000
PSF: RM 190

Residential PSF Trends

Median Price

RM 559,000

PSF: RM 190

Commercial PSF Trends

Median Price

RM 756,000

RM 491 PSF

BERTAM PERDANA 2 - LAKEVIEW in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 559K and a median price per square foot (PSF) of RM 190.

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 559K, with most transactions falling within a stable range of RM 473K to RM 577K, and a typical market range of RM 414K to RM 577K.

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 190, with most transactions between RM 178 and RM 202. The usual range is RM 104.50 to RM 275.50, showing that most units are priced quite close to each other. With an IQR of RM 171.00 and MAD of RM 12, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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BERTAM PERDANA 2 - LAKEVIEW, Seberang Perai Utara, Penang

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Transactions

3 transactions grouped by size

2,200 sqft
Single Storey Terraced
RM 387,000
FASA 3 (1) - LAVENDER
2,212 sqft · RM 175 PSF
2,750 sqft
Double Storey Terraced
RM 559,000
BERTAM PERDANA 2
2,728 sqft · RM 205 PSF
3,050 sqft
Double Storey Terraced
RM 577,000
BERTAM PERDANA 2
3,038 sqft · RM 190 PSF

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

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