Penang
Seberang Perai Utara
6
KOMPLEKS BERTAM PERDANA

KOMPLEKS BERTAM PERDANA

Area Intelligence

2022

Median Price

RM 315,000

PSF: RM 487

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Commercial PSF Trends

Median Price

RM 315,000

RM 487 PSF

KOMPLEKS BERTAM PERDANA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 315K and a median price per square foot (PSF) of RM 487.

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 315K, with most transactions falling within a stable range of RM 213K to RM 315K, and a typical market range of RM 110K to RM 315K.

Most transactions involved shop unit/retail lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 487, though individual units vary from RM 366 to RM 609 in the core range. The broader market spans RM 423.63 to RM 550.38, indicating diverse property characteristics. The spread of RM 126.75 (IQR) and deviation of RM 122 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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KOMPLEKS BERTAM PERDANA, Seberang Perai Utara, Penang

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