Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2021

Median Price

RM 255,000

PSF: RM 84

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Residential PSF Trends

Median Price

RM 50,000

PSF: RM 84

Commercial PSF Trends

Median Price

RM 525,000

RM 144 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2021, with a median price of RM 255K and a median price per square foot (PSF) of RM 84.

This area contains both residential and commercial properties. View 33 residential properties or 23 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 255K, with most transactions falling within a stable range of RM 59K to RM 451K, and a typical market range of RM 43K to RM 498K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 84, though individual units vary from RM 57 to RM 111 in the core range. The broader market spans RM 63.00 to RM 105.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 27) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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BANDAR PERAI JAYA, Seberang Perai Tengah, Penang

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Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 50,000

Level 7

592 sqft • RM 84.00 PSF

Nov 2021

RM 50,000

Level 18

592 sqft • RM 84.00 PSF

Nov 2021

RM 44,000

Level 2

592 sqft • RM 74.00 PSF

Oct 2021

RM 43,000

Level 15

592 sqft • RM 73.00 PSF

Oct 2021

RM 460,000

JALAN PERAI JAYA 6

3,185 sqft • RM 144.00 PSF

Jul 2021

RM 500,000

JALAN PERAI JAYA 5

10,174 sqft • RM 49.00 PSF

May 2021

RM 50,000

Level 13

592 sqft • RM 84.00 PSF

May 2021

Road	Price	Land PSF	Land	Date	Type
Level 7	RM 50,000	RM 84.00	592 sqft	Nov 2021	Low-Cost Flat
Level 18	RM 50,000	RM 84.00	592 sqft	Nov 2021	Low-Cost Flat
Level 2	RM 44,000	RM 74.00	592 sqft	Oct 2021	Low-Cost Flat
Level 15	RM 43,000	RM 73.00	592 sqft	Oct 2021	Low-Cost Flat
JALAN PERAI JAYA 6	RM 460,000	RM 144.00	3,185 sqft	Jul 2021	3-Storey Shop
JALAN PERAI JAYA 5	RM 500,000	RM 49.00	10,174 sqft	May 2021	3-Storey Shop
Level 13	RM 50,000	RM 84.00	592 sqft	May 2021	Low-Cost Flat