BANDAR PERAI JAYA

Area Intelligence
2023
Median Price
RM 50,000
PSF: RM 73

Residential PSF Trends

Median Price

RM 46,000

PSF: RM 78

Commercial PSF Trends

Median Price

RM 577,500

RM 52 PSF

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2023, with a median price of RM 50K and a median price per square foot (PSF) of RM 73.

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 50K, with most transactions falling within a stable range of RM 38K to RM 313K, and a typical market range of RM 38K to RM 293K.

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

Price per square foot shows a median of RM 73, though individual units vary from RM 4 to RM 142 in the core range. The broader market spans RM 52.00 to RM 94.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 69) 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

600 sqft
Low-Cost Flat
RM 50,000
Level 2
592 sqft · RM 84 PSF
RM 39,000
Level 8
592 sqft · RM 66 PSF
RM 46,000
Level 13
592 sqft · RM 78 PSF
RM 52,000
Level 10
592 sqft · RM 88 PSF
RM 43,000
Level 16
592 sqft · RM 73 PSF
RM 48,000
Level 17
592 sqft · RM 81 PSF
1,600 sqft
3-Storey Shop
RM 510,000
JALAN PERAI JAYA 4
1,604 sqft · RM 318 PSF
3,400 sqft
3-Storey Shop
RM 625,000
JALAN PERAI JAYA 2
3,401 sqft · RM 184 PSF
11,650 sqft
3-Storey Shop
RM 665,000
JALAN PERAI JAYA 3
11,657 sqft · RM 57 PSF
12,950 sqft
3-Storey Shop
RM 530,000
JALAN PERAI JAYA 3
12,938 sqft · RM 41 PSF
13,550 sqft
3-Storey Shop
RM 625,000
JALAN PERAI JAYA 5
13,563 sqft · RM 46 PSF
16,200 sqft
3-Storey Shop
RM 500,000
JALAN PERAI JAYA 5
16,210 sqft · RM 31 PSF

No Properties For Sale

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

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