Area Intelligence

BERTAM PERDANA 2-LAKEVIEW

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Median Price
RM 499,000
PSF: RM 142

Residential Market

Median Price

RM 364,000

IQR: RM 157
MAD: RM 67
RM 136 PSF 50.8%

PSF Trends (2021-2025)

BERTAM PERDANA 2-LAKEVIEW in Seberang Perai Utara, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 499K and a median price per square foot (PSF) of RM 142.

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 499K, with most transactions falling within a stable range of RM 312K to RM 686K, and a typical market range of RM 305K to RM 693K.

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

Price per square foot shows a median of RM 142, though individual units vary from RM 107 to RM 177 in the core range. The broader market spans RM 106.00 to RM 178.00, indicating diverse property characteristics. The spread of RM 72.00 (IQR) and deviation of RM 35 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BERTAM PERDANA 2-LAKEVIEW, Seberang Perai Utara, Penang

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