Area Intelligence

BERTAM AVENUE

5 properties
3-Storey Storey Shop
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Median Price
RM 1,148,000
PSF: RM 803

Commercial Market

Median Price

RM 1,148,000

IQR: RM 230
MAD: RM 103
RM 803 PSF 10.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BERTAM AVENUE in Seberang Perai Utara, Penang recorded 5 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 803.

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 1.15 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.15 million, and a typical market range of RM 1.15 million to RM 1.16 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 803, with most transactions between RM 797 and RM 809. The usual range is RM 688.00 to RM 918.00, showing that most units are priced quite close to each other. With an IQR of RM 230.00 and MAD of RM 6, 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.

Area Location

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BERTAM AVENUE, Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 1,162,000
PERSIARAN DAGANGAN
1,424 sqft · RM 816.00 PSF
Dec 2023
1,450 sqft
4 units 3-Storey Storey Shop
RM 1,162,000
BERTAM AVENUE 2
1,431 sqft · RM 812.00 PSF
Sep 2024
RM 1,148,000
PERSIARAN DAGANGAN
1,431 sqft · RM 803.00 PSF
Aug 2024
RM 1,148,000
BERTAM AVENUE 2
1,431 sqft · RM 803.00 PSF
Jul 2024
RM 1,148,000
PERSIARAN DAGANGAN
1,431 sqft · RM 803.00 PSF
Dec 2023