BERTAM AVENUE
Commercial Market
Median Price
RM 1,056,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
7 properties
Median Price
RM 938,000
-11.9% CAGR
Median PSF
RM 655.50
-11.9% CAGR
3-Storey Storey Shop
5 properties
Median Price
RM 1,151,500
-0.6% CAGR
Median PSF
RM 806.25
-0.8% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 7 |
RM 938,000
±118K MAD
|
-11.88% |
RM 655.50
±83 MAD
|
-11.89% | |
| 3-Storey Storey Shop | 5 |
RM 1,151,500
±4K MAD
|
-0.61% |
RM 806.25
±3 MAD
|
-0.80% |
BERTAM AVENUE in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 738.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 738, with most transactions between RM 738 and RM 738. The usual range is RM 623.00 to RM 853.00, showing that most units are priced quite close to each other. With an IQR of RM 230.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Double Storey Shop |
PERSIARAN DAGANGAN
|
RM 1,056,000
|
RM 738.00
|
1,431 sqft
|
Nov 2022
|