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Penang, Seberang Perai Tengah, 1

BANDAR PERAI JAYA

Area Intelligence
2023
Median Price
RM 577,500
PSF: RM 44
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Residential PSF Trends

Median Price

RM 47,000

PSF: RM 79

Commercial PSF Trends

Median Price

RM 577,500

RM 44 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 578K and a median price per square foot (PSF) of RM 44.

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 578K, with most transactions falling within a stable range of RM 510K to RM 645K, and a typical market range of RM 500K to RM 665K.

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

Price per square foot shows a median of RM 44, though individual units vary from RM 34 to RM 53 in the core range. The broader market spans RM 22.50 to RM 64.50, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 9 (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. 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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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
11,650 sqft
3-Storey Shop
RM 665,000
JALAN PERAI JAYA 3
11,657 sqft · RM 57 PSF
12,950 sqft
3-Storey Shop
RM 530,000
JALAN PERAI JAYA 3
12,938 sqft · RM 41 PSF
13,550 sqft
3-Storey Shop
RM 625,000
JALAN PERAI JAYA 5
13,563 sqft · RM 46 PSF
16,200 sqft
3-Storey Shop
RM 500,000
JALAN PERAI JAYA 5
16,210 sqft · RM 31 PSF

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There are currently no properties listed for sale in this area.

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BANDAR SEBERANG JAYA
TAMAN CHAI LENG
PANGSAPURI PALMA LAGUNA
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PANGSAPURI PINANG LAGUNA
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View 1