BERTAM WALK (BERTAM PERDANA 1) FASA 3

Area Intelligence
2021
Median Price
RM 800,000
PSF: RM 473

Commercial PSF Trends

Median Price

RM 800,000

RM 473 PSF

BERTAM WALK (BERTAM PERDANA 1) FASA 3 in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 800K and a median price per square foot (PSF) of RM 473.

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 800K, with most transactions falling within a stable range of RM 596K to RM 1.00 million, and a typical market range of RM 606K to RM 994K.

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 473, with most transactions between RM 430 and RM 516. The usual range is RM 431.88 to RM 514.13, showing that most units are priced quite close to each other. With an IQR of RM 82.25 and MAD of RM 43, 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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