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 grouped by size

1,100 sqft
2 units Low-Cost House
RM 250,000
LORONG PINGGIRAN BERTAM 9
1,100 sqft · RM 227.00 PSF
Nov 2022
RM 260,000
LORONG PINGGIRAN BERTAM 9
1,100 sqft · RM 236.00 PSF
Aug 2022
1,200 sqft
4 units
RM 566,000
Double Storey Shop FASA 2E
1,195 sqft · RM 474.00 PSF
Sep 2022
RM 566,000
Double Storey Shop FASA 2E
1,200 sqft · RM 472.00 PSF
Jul 2022
RM 566,000
Double Storey Shop FASA 2E
1,200 sqft · RM 472.00 PSF
Mar 2022
RM 596,000
Low-Cost House PINGGIRAN BERTAM 4
1,200 sqft · RM 497.00 PSF
Mar 2022
1,550 sqft
2 units Single Storey Terraced
RM 330,000
LORONG PINGGIRAN BERTAM 1
1,540 sqft · RM 214.00 PSF
May 2022
RM 360,000
LORONG PINGGIRAN BERTAM 3
1,540 sqft · RM 234.00 PSF
Apr 2022
1,650 sqft
1 units Low-Cost House
RM 250,000
LORONG PINGGIRAN BERTAM 14
1,650 sqft · RM 152.00 PSF
Mar 2022
1,850 sqft
1 units Single Storey Terraced
RM 340,000
LORONG PINGGIRAN BERTAM 8
1,870 sqft · RM 182.00 PSF
Mar 2022