Penang
Seberang Perai Utara
6
KOMPLEKS BERTAM PERDANA

KOMPLEKS BERTAM PERDANA

Area Intelligence

2023

Median Price

RM 695,000

PSF: RM 437

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Commercial PSF Trends

Median Price

RM 695,000

RM 437 PSF

KOMPLEKS BERTAM PERDANA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 695K and a median price per square foot (PSF) of RM 437.

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 695K, with most transactions falling within a stable range of RM 560K to RM 830K, and a typical market range of RM 560K to RM 830K.

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

Price per square foot shows a median of RM 437, though individual units vary from RM 294 to RM 580 in the core range. The broader market spans RM 373.63 to RM 500.38, indicating diverse property characteristics. A wider spread (IQR: RM 126.75) and deviation (MAD: RM 143) indicate significant PSF variations, likely due to diverse property types or conditions.

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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KOMPLEKS BERTAM PERDANA, Seberang Perai Utara, Penang

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