BERTAM PERDANA

Area Intelligence
2022
Median Price
RM 360,000
PSF: RM 227

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 271K to RM 449K, 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.

The median PSF stands at RM 227, with core pricing between RM 194 and RM 261. Market pricing typically extends from RM 194.50 to RM 259.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 34, 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. Moderate transaction volume may require patience when buying or selling.

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BERTAM PERDANA, Seberang Perai Utara, Penang

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