Area Intelligence

BERTAM PERDANA 2 - LAKEVIEW

5 properties
Single Storey Terraced
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Median Price
RM 354,000
PSF: RM 227

Residential Market

Median Price

RM 354,000

IQR: RM 177
MAD: RM 97
RM 227 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 5 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 354K and a median price per square foot (PSF) of RM 227.

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 354K, with most transactions falling within a stable range of RM 349K to RM 378K, and a typical market range of RM 349K to RM 409K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 227, with core pricing between RM 194 and RM 260. Market pricing typically extends from RM 140.50 to RM 313.50, reflecting moderate variation in unit pricing. With an IQR of RM 173.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

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

OSM

Transactions

5 properties grouped by size

1,550 sqft
3 units Single Storey Terraced
RM 349,000
FASA 3 (1) - LAVENDER
1,540 sqft · RM 227.00 PSF
Jun 2023
RM 349,000
FASA 3 (1) - LAVENDER
1,540 sqft · RM 227.00 PSF
Dec 2022
RM 354,000
FASA 3 (1) - LAVENDER
1,540 sqft · RM 230.00 PSF
Dec 2022
2,200 sqft
1 units Single Storey Terraced
RM 387,000
FASA 3 (1) - LAVENDER
2,212 sqft · RM 175.00 PSF
Dec 2022
2,750 sqft
1 units Single Storey Terraced
RM 409,000
OFF JALAN PERSIARAN BERTAM PE
2,740 sqft · RM 149.00 PSF
May 2024