TAMAN BERTAM INDAH

Area Intelligence
2021
Median Price
RM 220,000
PSF: RM 169

Residential PSF Trends

Median Price

RM 220,000

PSF: RM 169

Commercial PSF Trends

Median Price

RM 525,000

RM 349 PSF

TAMAN BERTAM INDAH in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2021, with a median price of RM 220K and a median price per square foot (PSF) of RM 169.

This area contains both residential and commercial properties. View 50 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 220K, with most transactions falling within a stable range of RM 170K to RM 270K, and a typical market range of RM 172K to RM 268K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 169, though individual units vary from RM 121 to RM 217 in the core range. The broader market spans RM 121.13 to RM 216.88, indicating diverse property characteristics. A wider spread (IQR: RM 95.75) and deviation (MAD: RM 48) 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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TAMAN BERTAM INDAH, Seberang Perai Utara, Penang

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