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 559K to RM 597K, and a typical market range of RM 334K to RM 821K.
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 22 to RM 66 in the core range. The broader market spans RM 22.50 to RM 64.50, 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.
