BANDAR PERAI JAYA

Area Intelligence
2022
Median Price
RM 69,000
PSF: RM 93

Residential PSF Trends

Median Price

RM 50,000

PSF: RM 84

Commercial PSF Trends

Median Price

RM 562,500

RM 336 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2022, with a median price of RM 69K and a median price per square foot (PSF) of RM 93.

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 69K, with most transactions falling within a stable range of RM 23K to RM 325K, and a typical market range of RM 23K to RM 312K.

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

Price per square foot shows a median of RM 93, though individual units vary from RM 0 to RM 232 in the core range. The broader market spans RM 72.00 to RM 114.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 139) 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

15 transactions grouped by size

550 sqft
Low-Cost Flat
RM 30,000
Level 13
560 sqft · RM 54 PSF
RM 23,000
Level 4
560 sqft · RM 41 PSF
600 sqft
Low-Cost Flat
RM 80,000
Level 2
592 sqft · RM 135 PSF
RM 69,000
Level 10
592 sqft · RM 117 PSF
RM 50,000
Level 20
592 sqft · RM 84 PSF
RM 53,000
Level 18
592 sqft · RM 90 PSF
RM 36,000
Level 18
592 sqft · RM 61 PSF
RM 55,000
Level 16
592 sqft · RM 93 PSF
RM 29,000
Level 13
592 sqft · RM 49 PSF
650 sqft
Shop/Retail Lot
RM 180,000
Level 1
645 sqft · RM 279 PSF
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
2,250 sqft
3-Storey Shop
RM 700,000
JALAN BARU
2,245 sqft · RM 312 PSF
53,250 sqft
3-Storey Shop
RM 550,000
JALAN BARU
53,238 sqft · RM 10 PSF

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

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