Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2021

Median Price

RM 50,000

PSF: RM 84

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Residential PSF Trends

Median Price

RM 50,000

PSF: RM 84

Commercial PSF Trends

Median Price

RM 550,000

RM 144 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2021, with a median price of RM 50K 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 50K, with most transactions falling within a stable range of RM 47K to RM 50K, and a typical market range of RM 43K to RM 50K.

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

For price per square foot, the median is RM 84, with most transactions between RM 79 and RM 89. The usual range is RM 63.00 to RM 105.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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

5 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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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 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
Level 13	RM 50,000	RM 84.00	592 sqft	May 2021	Low-Cost Flat