BANDAR PUTRA BERTAM

BANDAR PUTRA BERTAM in Seberang Perai Utara, Penang recorded 58 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 283.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 213K to RM 427K, and a typical market range of RM 235K to RM 405K.

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

The median PSF stands at RM 283, with core pricing between RM 236 and RM 330. Market pricing typically extends from RM 243.00 to RM 323.00, reflecting moderate variation in unit pricing. The spread of RM 80.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.