BANDAR SEBERANG JAYA in Seberang Perai Tengah, Penang recorded 127 subsale transactions in 2022, with a median price of RM 155K and a median price per square foot (PSF) of RM 213.
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 155K, with most transactions falling within a stable range of RM 84K to RM 226K, and a typical market range of RM 60K to RM 250K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 213, though individual units vary from RM 140 to RM 286 in the core range. The broader market spans RM 165.75 to RM 260.25, indicating diverse property characteristics. A wider spread (IQR: RM 94.50) and deviation (MAD: RM 73) 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. Steady transaction activity supports reliable market pricing.
