Area Intelligence

BERTAM AVENUE

12 properties
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Median Price
RM 952,500
PSF: RM 666

Commercial Market

Median Price

RM 952,500

IQR: RM 230
MAD: RM 103
RM 666 PSF 10.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BERTAM AVENUE in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 953K and a median price per square foot (PSF) of RM 666.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 953K, with most transactions falling within a stable range of RM 806K to RM 1.11 million, and a typical market range of RM 806K to RM 1.12 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 666, with core pricing between RM 554 and RM 777. Market pricing typically extends from RM 550.50 to RM 780.50, reflecting moderate variation in unit pricing. The spread of RM 230.00 (IQR) and deviation of RM 112 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BERTAM AVENUE, Seberang Perai Utara, Penang

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Transactions

12 properties found

3-Storey Storey Shop BERTAM AVENUE 2
RM 1,162,000
1,431 sqft Sep 2024
RM 812.00 PSF
3-Storey Storey Shop PERSIARAN DAGANGAN
RM 1,148,000
1,431 sqft Aug 2024
RM 803.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 806,000
1,431 sqft Jul 2024
RM 563.00 PSF
3-Storey Storey Shop BERTAM AVENUE 2
RM 1,148,000
1,431 sqft Jul 2024
RM 803.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 820,000
1,431 sqft Jun 2024
RM 573.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 849,000
1,431 sqft Jun 2024
RM 593.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 806,000
1,431 sqft May 2024
RM 563.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 820,000
1,431 sqft Feb 2024
RM 573.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 849,000
1,431 sqft Jan 2024
RM 593.00 PSF
3-Storey Storey Shop PERSIARAN DAGANGAN
RM 1,162,000
1,424 sqft Dec 2023
RM 816.00 PSF
3-Storey Storey Shop PERSIARAN DAGANGAN
RM 1,148,000
1,431 sqft Dec 2023
RM 803.00 PSF
Double Storey Shop PERSIARAN DAGANGAN
RM 1,056,000
1,431 sqft Nov 2022
RM 738.00 PSF