Area Intelligence

PINGGIRAN BERTAM PERDANA (BP4)

10 properties
2022
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Median Price
RM 350,000
PSF: RM 235

Residential Market

Median Price

RM 330,000

IQR: RM 32
MAD: RM 14
RM 227 PSF 6.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 566,000

IQR: RM 2
MAD: RM 1
RM 472 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PINGGIRAN BERTAM PERDANA (BP4) in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 235.

This area contains both residential and commercial properties. View 22 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 250K to RM 490K, and a typical market range of RM 250K to RM 493K.

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 235, though individual units vary from RM 100 to RM 370 in the core range. The broader market spans RM 114.88 to RM 355.13, indicating diverse property characteristics. A wider spread (IQR: RM 240.25) and deviation (MAD: RM 135) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PINGGIRAN BERTAM PERDANA (BP4), Seberang Perai Utara, Penang

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Transactions

10 properties found

Low-Cost House LORONG PINGGIRAN BERTAM 9
RM 250,000
1,100 sqft Nov 2022
RM 227.00 PSF
Double Storey Shop FASA 2E
RM 566,000
1,195 sqft Sep 2022
RM 474.00 PSF
Low-Cost House LORONG PINGGIRAN BERTAM 9
RM 260,000
1,100 sqft Aug 2022
RM 236.00 PSF
Double Storey Shop FASA 2E
RM 566,000
1,200 sqft Jul 2022
RM 472.00 PSF
Single Storey Terraced LORONG PINGGIRAN BERTAM 1
RM 330,000
1,540 sqft May 2022
RM 214.00 PSF
Single Storey Terraced LORONG PINGGIRAN BERTAM 3
RM 360,000
1,540 sqft Apr 2022
RM 234.00 PSF
Single Storey Terraced LORONG PINGGIRAN BERTAM 8
RM 340,000
1,870 sqft Mar 2022
RM 182.00 PSF
Double Storey Shop FASA 2E
RM 566,000
1,200 sqft Mar 2022
RM 472.00 PSF
Low-Cost House LORONG PINGGIRAN BERTAM 14
RM 250,000
1,650 sqft Mar 2022
RM 152.00 PSF
Low-Cost House PINGGIRAN BERTAM 4
RM 596,000
1,200 sqft Mar 2022
RM 497.00 PSF