BANDAR SEBERANG JAYA in Seberang Perai Tengah, Penang recorded 117 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 222.
This area contains both residential and commercial properties. View 389 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 160K, with most transactions falling within a stable range of RM 90K to RM 230K, and a typical market range of RM 65K to RM 255K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 222, though individual units vary from RM 175 to RM 269 in the core range. The broader market spans RM 174.75 to RM 269.25, indicating diverse property characteristics. The spread of RM 94.50 (IQR) and deviation of RM 47 (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. Steady transaction activity supports reliable market pricing.
