BERTAM PERDANA 5 (ECO RESIDENCE)

BERTAM PERDANA 5 (ECO RESIDENCE) in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 565K and a median price per square foot (PSF) of RM 252.

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 565K, with most transactions falling within a stable range of RM 480K to RM 667K, and a typical market range of RM 480K to RM 659K.

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 252, though individual units vary from RM 175 to RM 328 in the core range. The broader market spans RM 158.50 to RM 344.50, indicating diverse property characteristics. A wider spread (IQR: RM 186.00) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.