|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level G
|
RM 120,000
|
RM 206
|
581 sqft
|
|
Shop |
|
Level 4
|
RM 70,000
|
RM 120
|
584 sqft
|
|
LC Flat |
|
Level 2
|
RM 130,000
|
RM 220
|
590 sqft
|
|
Flat |
| 2023 | |||||
|
Level 4
|
RM 118,000
|
RM 192
|
614 sqft
|
|
Condo |
|
Level 4
|
RM 90,000
|
RM 154
|
584 sqft
|
|
Flat |
|
Level 4
|
RM 100,000
|
RM 163
|
614 sqft
|
|
Condo |
|
Level 9
|
RM 115,000
|
RM 195
|
590 sqft
|
|
Flat |
|
Level 2
|
RM 135,000
|
RM 231
|
584 sqft
|
|
LC Flat |
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Market Snapshot
RM 115,000
RM 192 psfMedian transaction price
RM 120,000
RM 206 psfMedian transaction price
1, Perai, Pulau Pinang, Malaysia
MapsBandar Seberang Jaya in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM 117K and a median price per square foot (PSF) of RM 194.
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 117K, with most transactions falling within a stable range of RM 96K to RM 135K, and a typical market range of RM 70K to RM 135K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 194, with core pricing between RM 159 and RM 228. Market pricing typically extends from RM 145.14 to RM 242.14, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.
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.