Area Intelligence

BERTAM PERDANA 2 - LAKEVIEW

11 properties
Double Storey Shop
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Median Price
RM 756,000
PSF: RM 491

Residential Market

Median Price

RM 504,000

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 11 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 756K and a median price per square foot (PSF) of RM 491.

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 756K, with most transactions falling within a stable range of RM 756K to RM 874K, and a typical market range of RM 756K to RM 885K.

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

For price per square foot, the median is RM 491, with most transactions between RM 473 and RM 509. The usual range is RM 404.50 to RM 577.50, showing that most units are priced quite close to each other. With an IQR of RM 173.00 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. 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

11 properties grouped by size

1,550 sqft
7 units Double Storey Shop
RM 756,000
BP2-LAKEVIEW
1,540 sqft · RM 491.00 PSF
Apr 2024
RM 756,000
BP2-LAKEVIEW
1,540 sqft · RM 491.00 PSF
Dec 2023
RM 756,000
BP2-LAKEVIEW
1,540 sqft · RM 491.00 PSF
Nov 2023
RM 756,000
JALAN TUN HAMDAN SHEIKH TAHIR
1,540 sqft · RM 491.00 PSF
Nov 2023
RM 756,000
BP2-LAKEVIEW
1,540 sqft · RM 491.00 PSF
Sep 2023
RM 756,000
BP2-LAKEVIEW
1,540 sqft · RM 491.00 PSF
Sep 2023
RM 756,000
BP2-LAKEVIEW
1,540 sqft · RM 491.00 PSF
Aug 2023
2,100 sqft
1 units Double Storey Shop
RM 956,000
BP2-LAKEVIEW
2,086 sqft · RM 458.00 PSF
Aug 2023
2,150 sqft
3 units Double Storey Shop
RM 967,000
BP2-LAKEVIEW
2,131 sqft · RM 454.00 PSF
Dec 2023
RM 958,000
BP2-LAKEVIEW
2,131 sqft · RM 450.00 PSF
Sep 2023
RM 1,085,000
BP2-LAKEVIEW
2,131 sqft · RM 509.00 PSF
Aug 2023