BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2021, with a median price of RM 255K 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 255K, with most transactions falling within a stable range of RM 236K to RM 274K, and a typical market range of RM 12K to RM 498K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 84, though individual units vary from RM 62 to RM 106 in the core range. The broader market spans RM 63.00 to RM 105.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 22) 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.
