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 276K to RM 762K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 46, though individual units vary from RM 24 to RM 68 in the core range. The broader market spans RM 24.50 to RM 66.50, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
