BANDAR PERAI JAYA

Area Intelligence
2022
Median Price
RM 575,000
PSF: RM 374

Residential PSF Trends

Median Price

RM 47,000

PSF: RM 79

Commercial PSF Trends

Median Price

RM 575,000

RM 374 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 575K and a median price per square foot (PSF) of RM 374.

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 575K, with most transactions falling within a stable range of RM 555K to RM 595K, and a typical market range of RM 550K to RM 600K.

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

For price per square foot, the median is RM 374, with most transactions between RM 339 and RM 409. The usual range is RM 353.00 to RM 395.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 35 indicate a highly stable PSF trend across properties.

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

3 transactions grouped by size

1,250 sqft
3-Storey Shop
RM 550,000
JALAN PERAI JAYA 5
1,249 sqft · RM 440 PSF
1,600 sqft
3-Storey Shop
RM 575,000
JALAN PERAI JAYA 4
1,604 sqft · RM 359 PSF
RM 600,000
JALAN PERAI JAYA 4
1,604 sqft · RM 374 PSF

No Properties For Sale

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

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