Kaw P'haan Prai(Nftz)

1, Perai, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 23,925,000
PSF
RM 85
Price Size
Period
transactions middle 50% (P25–P75)
73,200 sqft
Factory
RM 8,050,000
Tkt Perusahaan 2A
73,216 sqft · RM 110 PSF
653,400 sqft
Factory
RM 39,800,000
Jalan Perusahaan
653,399 sqft · RM 61 PSF
Legend Recent Highest Price Highest PSF

Posts about Kaw P'haan Prai(Nftz)

What’s happening in Kaw P'haan Prai(Nftz)?

No posts about Kaw P'haan Prai(Nftz) yet. Be the first to share what’s happening here.

Market Snapshot

Commercial

RM 23,925,000

RM 85 psf

Median transaction price

Kaw P'haan Prai(Nftz) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 23.93 million and a median price per square foot (PSF) of RM 85.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 23.93 million, with most transactions falling within a stable range of RM 8.05 million to RM 39.80 million, and a typical market range of RM 20.87 million to RM 26.98 million.

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

Price per square foot shows a median of RM 85, though individual units vary from RM 61 to RM 110 in the core range. The broader market spans RM 65.56 to RM 105.31, indicating diverse property characteristics. A wider spread (IQR: RM 39.75) and deviation (MAD: RM 25) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.