Bandar Sunway
13700 Seberang Jaya, Pulau Pinang, Malaysia
13700 Seberang Jaya, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level G
|
RM 450,000
|
RM 440
|
1,023 sqft
|
|
Office |
|
Level G
|
RM 315,000
|
RM 308
|
1,023 sqft
|
|
Office |
|
Level G
|
RM 235,000
|
RM 230
|
1,023 sqft
|
|
Office |
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Market Snapshot
CommercialRM 315,000
RM 308 psfMedian transaction price
Bandar Sunway, 13700 Seberang Jaya, Pulau Pinang, Malaysia
MapsBandar Sunway in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM 315K and a median price per square foot (PSF) of RM 308.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 315K, with most transactions falling within a stable range of RM 235K to RM 404K, and a typical market range of RM 235K to RM 450K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 308, though individual units vary from RM 221 to RM 395 in the core range. The broader market spans RM 0.00 to RM 753.55, indicating diverse property characteristics. A wider spread (IQR: RM 891.00) and deviation (MAD: RM 87) 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.
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