AYRA TERRACES

Area Intelligence

2024

Median Price

RM 860,000

PSF: RM 469

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Residential PSF Trends

Median Price

RM 860,000

PSF: RM 469

AYRA TERRACES in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 860K and a median price per square foot (PSF) of RM 469.

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 860K, with most transactions falling within a stable range of RM 830K to RM 891K, and a typical market range of RM 818K to RM 902K.

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

For price per square foot, the median is RM 469, with most transactions between RM 448 and RM 490. The usual range is RM 442.50 to RM 495.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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AYRA TERRACES, Seberang Perai Selatan, Penang

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