Area Intelligence

BERTAM PERDANA 2-LAKEVIEW

13 properties
2023
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Median Price
RM 46,000
PSF: RM 46

Residential Market

Median Price

RM 46,000

IQR: RM 157
MAD: RM 67
RM 46 PSF 50.8%

PSF Trends (2021-2025)

BERTAM PERDANA 2-LAKEVIEW in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2023, with a median price of RM 46K and a median price per square foot (PSF) of RM 46.

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 46K, with most transactions falling within a stable range of RM 42K to RM 251K, and a typical market range of RM 42K to RM 240K.

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 46, though individual units vary from RM 0 to RM 152 in the core range. The broader market spans RM 10.00 to RM 82.00, indicating diverse property characteristics. A wider spread (IQR: RM 72.00) and deviation (MAD: RM 106) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

13 properties grouped by size

900 sqft
3 units Cluster House
RM 42,000
BERTAM PERDANA FASA 2 (II)
908 sqft · RM 46.00 PSF
Jun 2023
RM 42,000
FASA 1D
908 sqft · RM 46.00 PSF
Apr 2023
RM 42,000
FASA 1D
908 sqft · RM 46.00 PSF
Feb 2023
1,000 sqft
5 units Cluster House
RM 46,000
FASA 1D
1,000 sqft · RM 46.00 PSF
Jul 2023
RM 46,000
FASA 1D
1,000 sqft · RM 46.00 PSF
Jun 2023
RM 42,000
LORONG WAWASAN 6
1,000 sqft · RM 42.00 PSF
Jun 2023
RM 42,000
LORONG WAWASAN 5
1,000 sqft · RM 42.00 PSF
May 2023
RM 46,000
FASA 1D
1,000 sqft · RM 46.00 PSF
Mar 2023
1,500 sqft
1 units Double Storey Terraced
RM 503,000
BERTAM PERDANA 2
1,512 sqft · RM 333.00 PSF
Oct 2023
1,550 sqft
2 units Double Storey Terraced
RM 349,000
BERTAM PERDANA 2
1,540 sqft · RM 227.00 PSF
Oct 2023
RM 499,000
BERTAM PERDANA 2
1,540 sqft · RM 324.00 PSF
Jun 2023
2,750 sqft
1 units Single Storey Terraced
RM 414,000
FASA 3 (1) - LAVENDER
2,740 sqft · RM 151.00 PSF
Feb 2023
3,700 sqft
1 units Single Storey Semi-D
RM 520,000
LORONG BENDAHARA 3
3,724 sqft · RM 140.00 PSF
Jan 2023