Area Intelligence

PINGGIRAN BERTAM PERDANA (BP4)

8 properties
2024
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Median Price
RM 390,000
PSF: RM 258

Residential Market

Median Price

RM 390,000

IQR: RM 32
MAD: RM 14
RM 258 PSF 6.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 566,000

IQR: RM 2
MAD: RM 1
RM 474 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PINGGIRAN BERTAM PERDANA (BP4) in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2024, with a median price of RM 390K and a median price per square foot (PSF) of RM 258.

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 390K, with most transactions falling within a stable range of RM 310K to RM 470K, and a typical market range of RM 280K to RM 533K.

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

The median PSF stands at RM 258, with core pricing between RM 224 and RM 291. Market pricing typically extends from RM 137.38 to RM 377.63, reflecting moderate variation in unit pricing. With an IQR of RM 240.25 and MAD of RM 33, 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.

Area Location

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

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Transactions

8 properties grouped by size

1,100 sqft
2 units Low-Cost House
RM 280,000
LORONG PINGGIRAN BERTAM 14
1,098 sqft · RM 255.00 PSF
Sep 2024
RM 285,000
LORONG PINGGIRAN BERTAM 9
1,098 sqft · RM 260.00 PSF
Apr 2024
1,550 sqft
5 units Single Storey Terraced
RM 380,000
LORONG PINGGIRAN BERTAM 4
1,539 sqft · RM 247.00 PSF
Oct 2024
RM 380,000
LORONG PINGGIRAN BERTAM 18
1,539 sqft · RM 247.00 PSF
Jul 2024
RM 400,000
LORONG PINGGIRAN BERTAM 6
1,539 sqft · RM 260.00 PSF
Jun 2024
RM 430,000
LORONG PINGGIRAN BERTAM 6
1,539 sqft · RM 279.00 PSF
Jun 2024
RM 400,000
LORONG PINGGIRAN BERTAM 1
1,539 sqft · RM 260.00 PSF
Apr 2024
3,400 sqft
1 units Single Storey Terraced
RM 550,000
PINGGIRAN BERTAM 6
3,401 sqft · RM 162.00 PSF
Jun 2024