BERTAM PERDANA in Seberang Perai Utara, Penang recorded 19 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 216.
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 216, with core pricing between RM 183 and RM 250. Market pricing typically extends from RM 183.50 to RM 248.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 34 (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. Limited transaction history suggests carefully evaluating comparable sales data.
