Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2021

Median Price

RM 519,000

PSF: RM 46

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Residential PSF Trends

Median Price

RM 47,000

PSF: RM 79

Commercial PSF Trends

Median Price

RM 519,000

RM 46 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 519K and a median price per square foot (PSF) of RM 46.

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 519K, with most transactions falling within a stable range of RM 500K to RM 538K, and a typical market range of RM 500K to RM 538K.

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

For price per square foot, the median is RM 46, with most transactions between RM 42 and RM 49. The usual range is RM 24.50 to RM 66.50, 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 4 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR PERAI JAYA, Seberang Perai Tengah, Penang

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