Area Intelligence

BERTAM PERDANA 2 - LAKEVIEW

38 properties
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Median Price
RM 504,000
PSF: RM 327

Residential Market

Median Price

RM 504,000

IQR: RM 177
MAD: RM 97
RM 327 PSF 22.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 756,000

IQR: RM 17
RM 491 PSF 0.0%

PSF Trends (2021-2025)

BERTAM PERDANA 2 - LAKEVIEW in Seberang Perai Utara, Penang recorded 38 subsale transactions between 2021 and 2025, with a median price of RM 504K and a median price per square foot (PSF) of RM 327.

This area contains both residential and commercial properties. View 81 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 504K, with most transactions falling within a stable range of RM 392K to RM 616K, and a typical market range of RM 376K to RM 633K.

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

Price per square foot shows a median of RM 327, though individual units vary from RM 254 to RM 400 in the core range. The broader market spans RM 240.50 to RM 413.50, indicating diverse property characteristics. The spread of RM 173.00 (IQR) and deviation of RM 73 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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BERTAM PERDANA 2 - LAKEVIEW, Seberang Perai Utara, Penang

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Transactions

38 properties grouped by size

1,500 sqft
3 units Double Storey Terraced
RM 503,000
BERTAM PERDANA 2
1,512 sqft · RM 333.00 PSF
Jan 2023
RM 530,000
BERTAM PERDANA 2
1,512 sqft · RM 350.00 PSF
Dec 2022
RM 508,000
FASA 3 (1) - LAVENDER
1,512 sqft · RM 336.00 PSF
Dec 2022
1,550 sqft
35 units (showing 6)
RM 569,000
Double Storey Terraced JALAN TUN HAMDAN SHEIKH TAHIR
1,540 sqft · RM 369.00 PSF
Sep 2024
RM 599,000
Double Storey Terraced BERTAM PERDANA 2
1,540 sqft · RM 389.00 PSF
Sep 2024
RM 599,000
Double Storey Terraced JALAN TUN HAMDAN SHEIKH TAHIR
1,540 sqft · RM 389.00 PSF
Aug 2024
RM 599,000
Double Storey Terraced JALAN TUN HAMDAN SHEIKH TAHIR
1,540 sqft · RM 389.00 PSF
Jul 2024
RM 499,000
Double Storey Terraced BERTAM PERDANA 2
1,540 sqft · RM 324.00 PSF
Jul 2024
RM 599,000
Double Storey Terraced BERTAM PERDANA 2
1,540 sqft · RM 389.00 PSF
Jun 2024