Penang
Seberang Perai Utara
6
BERTAM WALK (BERTAM PERDANA 1) FASA 3

BERTAM WALK (BERTAM PERDANA 1) FASA 3

Area Intelligence

2023

Median Price

RM 944,500

PSF: RM 395

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Commercial PSF Trends

Median Price

RM 944,500

RM 395 PSF

BERTAM WALK (BERTAM PERDANA 1) FASA 3 in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 945K and a median price per square foot (PSF) of RM 395.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 945K, with most transactions falling within a stable range of RM 680K to RM 1.21 million, and a typical market range of RM 751K to RM 1.14 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 395, with most transactions between RM 387 and RM 402. The usual range is RM 353.38 to RM 435.63, showing that most units are priced quite close to each other. With an IQR of RM 82.25 and MAD of RM 8, 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 WALK (BERTAM PERDANA 1) FASA 3, Seberang Perai Utara, Penang

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