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Market Snapshot
RM 203,000
RM 207 psfMedian transaction price
RM 192,500
RM 200 psfMedian transaction price
1, Perai, Pulau Pinang, Malaysia
MapsBandar Seberang Jaya in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM 203K and a median price per square foot (PSF) of RM 207.
This area contains both residential and commercial properties. View 397 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 203K, with most transactions falling within a stable range of RM 186K to RM 220K, and a typical market range of RM 186K to RM 220K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
For price per square foot, the median is RM 207, with most transactions between RM 190 and RM 225. The usual range is RM 158.74 to RM 255.74, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.
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.