Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2022

Median Price

RM 51,500

PSF: RM 87

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Residential PSF Trends

Median Price

RM 50,000

PSF: RM 84

Commercial PSF Trends

Median Price

RM 180,000

RM 279 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2022, with a median price of RM 52K and a median price per square foot (PSF) of RM 87.

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 52K, with most transactions falling within a stable range of RM 23K to RM 95K, and a typical market range of RM 23K to RM 180K.

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

Price per square foot shows a median of RM 87, though individual units vary from RM 21 to RM 153 in the core range. The broader market spans RM 66.00 to RM 108.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 66) 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

OSM

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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)

Clear

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)

Clear

RM 80,000

Level 2

592 sqft • RM 135.00 PSF

Nov 2022

RM 69,000

Level 10

592 sqft • RM 117.00 PSF

Nov 2022

RM 30,000

Level 13

560 sqft • RM 54.00 PSF

Sep 2022

RM 50,000

Level 20

592 sqft • RM 84.00 PSF

Sep 2022

RM 53,000

Level 18

592 sqft • RM 90.00 PSF

May 2022

RM 180,000

Level 1

645 sqft • RM 279.00 PSF

May 2022

RM 36,000

Level 18

592 sqft • RM 61.00 PSF

Apr 2022

RM 23,000

Level 4

560 sqft • RM 41.00 PSF

Mar 2022

RM 55,000

Level 16

592 sqft • RM 93.00 PSF

Mar 2022

RM 29,000

Level 13

592 sqft • RM 49.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 80,000	RM 135.00	592 sqft	Nov 2022	Low-Cost Flat
Level 10	RM 69,000	RM 117.00	592 sqft	Nov 2022	Low-Cost Flat
Level 13	RM 30,000	RM 54.00	560 sqft	Sep 2022	Low-Cost Flat
Level 20	RM 50,000	RM 84.00	592 sqft	Sep 2022	Low-Cost Flat
Level 18	RM 53,000	RM 90.00	592 sqft	May 2022	Low-Cost Flat
Level 1	RM 180,000	RM 279.00	645 sqft	May 2022	Shop/Retail Lot
Level 18	RM 36,000	RM 61.00	592 sqft	Apr 2022	Low-Cost Flat
Level 4	RM 23,000	RM 41.00	560 sqft	Mar 2022	Low-Cost Flat
Level 16	RM 55,000	RM 93.00	592 sqft	Mar 2022	Low-Cost Flat
Level 13	RM 29,000	RM 49.00	592 sqft	Jan 2022	Low-Cost Flat