Penang
Seberang Perai Tengah
1
BANDAR PERAI JAYA

BANDAR PERAI JAYA

Area Intelligence

2021

Median Price

RM 492,500

PSF: RM 155

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Residential PSF Trends

Median Price

RM 47,000

PSF: RM 79

Commercial PSF Trends

Median Price

RM 492,500

RM 155 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 493K and a median price per square foot (PSF) of RM 155.

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 493K, with most transactions falling within a stable range of RM 460K to RM 525K, and a typical market range of RM 460K to RM 525K.

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

For price per square foot, the median is RM 155, with most transactions between RM 144 and RM 165. The usual range is RM 133.50 to RM 175.50, 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 11 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. 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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