Kawasan Perindustrian

1, Jalan Perai Jaya, Bandar Perai Jaya, 13600 Perai, Pulau Pinang, Malaysia

Property Transactions

15 subsales grouped by size

Median
RM 69,000
PSF
RM 111
Price Size
550 sqft
LC Flat
RM 30,000
Level 13
560 sqft · RM 54 PSF
RM 23,000
Level 4
560 sqft · RM 41 PSF
600 sqft
LC 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
RM 180,000
Level 1
645 sqft · RM 279 PSF
3,700 sqft
3-Sty Shop
RM 550,000
Jalan Perai Jaya 5
3,703 sqft · RM 149 PSF
RM 575,000
Jalan Perai Jaya 4
3,703 sqft · RM 155 PSF
RM 600,000
Jalan Perai Jaya 4
3,703 sqft · RM 162 PSF
4,950 sqft
3-Sty Shop
RM 550,000
Jalan Baru
4,941 sqft · RM 111 PSF
6,000 sqft
3-Sty Shop
RM 700,000
Jalan Baru
5,985 sqft · RM 117 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 50,000

RM 84 psf

Median transaction price

RM 562,500

RM 152 psf

Median transaction price

Bandar Perai Jaya
© OpenStreetMap · CARTO

Kawasan Perindustrian, 1, Jalan Perai Jaya, Bandar Perai Jaya, 13600 Perai, Pulau Pinang, Malaysia

Maps

Kawasan Perindustrian 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 111.

This area contains both residential and commercial properties. View 34 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 311K.

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

Price per square foot shows a median of RM 111, though individual units vary from RM 53 to RM 170 in the core range. The broader market spans RM 93.32 to RM 129.32, indicating diverse property characteristics. A wider spread (IQR: RM 36.00) and deviation (MAD: RM 58) 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.