Penang
Seberang Perai Utara
6
BERTAM PERDANA

BERTAM PERDANA

Area Intelligence

2022

Median Price

RM 360,000

PSF: RM 227

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Residential PSF Trends

Median Price

RM 355,000

PSF: RM 227

Commercial PSF Trends

Median Price

RM 600,000

RM 444 PSF

BERTAM PERDANA in Seberang Perai Utara, Penang recorded 51 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 227.

This area contains both residential and commercial properties. View 180 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 360K, with most transactions falling within a stable range of RM 180K to RM 602K, and a typical market range of RM 274K to RM 446K.

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

Price per square foot shows a median of RM 227, though individual units vary from RM 149 to RM 305 in the core range. The broader market spans RM 194.50 to RM 259.50, indicating diverse property characteristics. A wider spread (IQR: RM 65.00) and deviation (MAD: RM 78) 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. Moderate transaction volume may require patience when buying or selling.

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BERTAM PERDANA, Seberang Perai Utara, Penang

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