|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Pintas Sembilang 3
|
RM 220,000
|
RM 193
|
1,141 sqft
|
|
Cluster |
|
Lorong Siakap 7
|
RM 750,000
|
RM 657
|
1,141 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Sembilang 34
|
RM 290,000
|
RM 254
|
1,141 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 290,000
RM 254 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 3 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM 290K and a median price per square foot (PSF) of RM 254.
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 290K, with most transactions falling within a stable range of RM 220K to RM 525K, and a typical market range of RM 220K to RM 388K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 254, though individual units vary from RM 48 to RM 460 in the core range. The broader market spans RM 205.67 to RM 302.67, indicating diverse property characteristics. A wider spread (IQR: RM 97.00) and deviation (MAD: RM 206) 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.