Kaw P'haan Prai(Ftz)

1, Perai, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 17,909,000
PSF
RM 75
Price Size
Period
transactions middle 50% (P25–P75)
139,950 sqft
Factory
RM 19,000,000
Tingkat Perusahaan 4A
139,925 sqft · RM 136 PSF
209,300 sqft
Factory
RM 16,818,000
Jalan Perusahaan Baru 1
209,293 sqft · RM 80 PSF
217,850 sqft
Factory
RM 13,567,000
Lorong Perusahaan 4
217,851 sqft · RM 62 PSF
378,950 sqft
Factory
RM 26,528,000
Lorong Perusahaan 10
378,972 sqft · RM 70 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 17,909,000

RM 75 psf

Median transaction price

Kaw P'haan Prai(Ftz) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 17.91 million and a median price per square foot (PSF) of RM 75.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 17.91 million, with most transactions falling within a stable range of RM 13.57 million to RM 22.68 million, and a typical market range of RM 14.85 million to RM 20.96 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 75, though individual units vary from RM 46 to RM 104 in the core range. The broader market spans RM 49.93 to RM 100.43, indicating diverse property characteristics. A wider spread (IQR: RM 50.50) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.