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Market Snapshot
RM 360,000
RM 228 psfMedian transaction price
RM 520,000
RM 329 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 1,575 and 1,624 sqft, with a median price of RM 440K and a median price per square foot (PSF) of RM 278.
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 440K, with most transactions falling within a stable range of RM 360K to RM 520K, and a typical market range of RM 360K to RM 520K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 278, with core pricing between RM 228 and RM 329. Market pricing typically extends from RM 229.75 to RM 326.75, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 50 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.