BANDAR PERAI JAYA

Area Intelligence
2024
Median Price
RM 625,000
PSF: RM 42

Residential PSF Trends

Median Price

RM 47,000

PSF: RM 79

Commercial PSF Trends

Median Price

RM 625,000

RM 42 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 625K and a median price per square foot (PSF) of RM 42.

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 625K, with most transactions falling within a stable range of RM 505K to RM 745K, and a typical market range of RM 500K to RM 780K.

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

The median PSF stands at RM 42, with core pricing between RM 35 and RM 49. Market pricing typically extends from RM 21.00 to RM 63.00, reflecting moderate variation in unit pricing. The spread of RM 42.00 (IQR) and deviation of RM 7 (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

12,100 sqft
3-Storey Shop
RM 500,000
JALAN PERAI JAYA 1
12,088 sqft · RM 41 PSF
15,150 sqft
3-Storey Shop
RM 720,000
JALAN PERAI JAYA 2
15,145 sqft · RM 48 PSF
17,950 sqft
3-Storey Shop
RM 780,000
JALAN PERAI JAYA
17,965 sqft · RM 43 PSF
18,600 sqft
3-Storey Shop
RM 530,000
JALAN PERAI JAYA 3
18,579 sqft · RM 29 PSF

No Properties For Sale

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

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