Kawasan Perindustrian

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

Property Transactions

15 subsales grouped by size

Price Size
600 sqft
LC 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
+3 more
3,700 sqft
3-Sty Shop
RM 625,000
Jalan Perai Jaya 2
3,703 sqft · RM 169 PSF
RM 625,000
Jalan Perai Jaya 5
3,703 sqft · RM 169 PSF
RM 510,000
Jalan Perai Jaya 4
3,703 sqft · RM 138 PSF
RM 665,000
Jalan Perai Jaya 3
3,703 sqft · RM 180 PSF
RM 500,000
Jalan Perai Jaya 5
3,703 sqft · RM 135 PSF
RM 530,000
Jalan Perai Jaya 3
3,703 sqft · RM 143 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 46,000

RM 78 psf

Median transaction price

RM 577,500

RM 156 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 2023, with a median price of RM 50K and a median price per square foot (PSF) of RM 84.

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 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 292K.

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

Price per square foot shows a median of RM 84, though individual units vary from RM 43 to RM 126 in the core range. The broader market spans RM 66.46 to RM 102.46, indicating diverse property characteristics. A wider spread (IQR: RM 36.00) and deviation (MAD: RM 41) 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.