BANDAR PERAI JAYA

Area Intelligence
2024
Median Price
RM 48,500
PSF: RM 82

Residential PSF Trends

Median Price

RM 48,500

PSF: RM 82

Commercial PSF Trends

Median Price

RM 550,000

RM 144 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2024, with a median price of RM 49K and a median price per square foot (PSF) of RM 82.

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 49K, with most transactions falling within a stable range of RM 30K to RM 68K, and a typical market range of RM -194,750 to RM 292K.

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

Price per square foot shows a median of RM 82, though individual units vary from RM 60 to RM 104 in the core range. The broader market spans RM 60.50 to RM 102.50, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

10 transactions grouped by size

600 sqft
Low-Cost Flat
RM 47,000
Level 13
592 sqft · RM 79 PSF
RM 53,000
Level 20
592 sqft · RM 90 PSF
RM 50,000
Level 1
592 sqft · RM 84 PSF
RM 40,000
Level 11
592 sqft · RM 68 PSF
RM 56,000
Level 19
592 sqft · RM 95 PSF
RM 43,000
Level 21
592 sqft · RM 73 PSF

No Properties For Sale

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

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