Area Intelligence

BERTAM AVENUE

7 properties
Double Storey Shop
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Median Price
RM 820,000
PSF: RM 573

Commercial Market

Median Price

RM 820,000

IQR: RM 230
MAD: RM 103
RM 573 PSF 10.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BERTAM AVENUE in Seberang Perai Utara, Penang recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 820K and a median price per square foot (PSF) of RM 573.

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 820K, with most transactions falling within a stable range of RM 806K to RM 903K, and a typical market range of RM 806K to RM 984K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 573, with core pricing between RM 515 and RM 631. Market pricing typically extends from RM 458.00 to RM 688.00, reflecting moderate variation in unit pricing. With an IQR of RM 230.00 and MAD of RM 58, 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. 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

7 properties grouped by size

1,450 sqft
7 units Double Storey Shop
RM 806,000
PERSIARAN DAGANGAN
1,431 sqft · RM 563.00 PSF
Jul 2024
RM 820,000
PERSIARAN DAGANGAN
1,431 sqft · RM 573.00 PSF
Jun 2024
RM 849,000
PERSIARAN DAGANGAN
1,431 sqft · RM 593.00 PSF
Jun 2024
RM 806,000
PERSIARAN DAGANGAN
1,431 sqft · RM 563.00 PSF
May 2024
RM 820,000
PERSIARAN DAGANGAN
1,431 sqft · RM 573.00 PSF
Feb 2024
RM 849,000
PERSIARAN DAGANGAN
1,431 sqft · RM 593.00 PSF
Jan 2024
RM 1,056,000
PERSIARAN DAGANGAN
1,431 sqft · RM 738.00 PSF
Nov 2022