Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 318

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Residential PSF Trends

Median Price

RM 47,000

PSF: RM 79

Commercial PSF Trends

Median Price

RM 510,000

RM 318 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 318.

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.

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

For price per square foot, the median is RM 318, with most transactions between RM 318 and RM 318. The usual range is RM 297.00 to RM 339.00, 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 0 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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