PINGGIRAN BERTAM PERDANA (BP4)

PINGGIRAN BERTAM PERDANA (BP4) in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 225.

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 385K, with most transactions falling within a stable range of RM 370K to RM 532K, and a typical market range of RM 370K to RM 413K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 225, with core pricing between RM 183 and RM 267. Market pricing typically extends from RM 214.63 to RM 235.38, reflecting moderate variation in unit pricing. The spread of RM 20.75 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

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.