Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2023

Median Price

RM 50,000

PSF: RM 73

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Residential PSF Trends

Median Price

RM 46,000

PSF: RM 78

Commercial PSF Trends

Median Price

RM 577,500

RM 52 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2023, with a median price of RM 50K and a median price per square foot (PSF) of RM 73.

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 50K, with most transactions falling within a stable range of RM 38K to RM 187K, and a typical market range of RM 38K to RM 293K.

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

Price per square foot shows a median of RM 73, though individual units vary from RM 58 to RM 88 in the core range. The broader market spans RM 52.00 to RM 94.00, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

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

10 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 50,000

Level 2

592 sqft • RM 84.00 PSF

Dec 2023

RM 39,000

Level 8

592 sqft • RM 66.00 PSF

Jul 2023

RM 46,000

Level 13

592 sqft • RM 78.00 PSF

Jul 2023

RM 52,000

Level 10

592 sqft • RM 88.00 PSF

Jun 2023

RM 43,000

Level 16

592 sqft • RM 73.00 PSF

Jun 2023

RM 48,000

Level 17

592 sqft • RM 81.00 PSF

May 2023

RM 47,000

Level 12

592 sqft • RM 79.00 PSF

Mar 2023

RM 39,000

Level 16

592 sqft • RM 66.00 PSF

Mar 2023

RM 500,000

JALAN PERAI JAYA 5

16,210 sqft • RM 31.00 PSF

Feb 2023

RM 38,000

Level 4

592 sqft • RM 64.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 50,000	RM 84.00	592 sqft	Dec 2023	Low-Cost Flat
Level 8	RM 39,000	RM 66.00	592 sqft	Jul 2023	Low-Cost Flat
Level 13	RM 46,000	RM 78.00	592 sqft	Jul 2023	Low-Cost Flat
Level 10	RM 52,000	RM 88.00	592 sqft	Jun 2023	Low-Cost Flat
Level 16	RM 43,000	RM 73.00	592 sqft	Jun 2023	Low-Cost Flat
Level 17	RM 48,000	RM 81.00	592 sqft	May 2023	Low-Cost Flat
Level 12	RM 47,000	RM 79.00	592 sqft	Mar 2023	Low-Cost Flat
Level 16	RM 39,000	RM 66.00	592 sqft	Mar 2023	Low-Cost Flat
JALAN PERAI JAYA 5	RM 500,000	RM 31.00	16,210 sqft	Feb 2023	3-Storey Shop
Level 4	RM 38,000	RM 64.00	592 sqft	Feb 2023	Low-Cost Flat