Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size · Semi-D Factory →

Period
transactions middle 50% (P25–P75)
7,800 sqft
Semi-D Factory
RM1,500,000
Tingkat Perusahaan 3A
7,812 sqft · RM192 PSF
7,850 sqft
Semi-D Factory
RM1,800,000
Tingkat Perusahaan 3A
7,875 sqft · RM229 PSF
8,500 sqft
Semi-D Factory
RM1,300,000
Lorong. Perusahaan 3
8,497 sqft · RM153 PSF
10,850 sqft
Semi-D Factory
RM2,050,000
Puncak Perusahaan 1
10,861 sqft · RM189 PSF
19,000 sqft
Semi-D Factory
RM3,850,000
Solok Perusahaan 3
19,011 sqft · RM203 PSF
21,450 sqft
Semi-D Factory
RM4,100,000
Jalan Perusahaan
21,472 sqft · RM191 PSF
RM4,450,000
Jalan Perusahaan 3
21,472 sqft · RM207 PSF
RM4,200,000
Solok Perusahaan 3
21,473 sqft · RM196 PSF
23,000 sqft
Semi-D Factory
RM4,600,000
Jalan Perusahaan
23,021 sqft · RM200 PSF
RM4,400,000
Solok Perusahaan 3
23,021 sqft · RM191 PSF
77,000 sqft
Factory
RM9,000,000
Jalan Perusahaan
77,018 sqft · RM117 PSF
129,350 sqft
Factory
RM11,814,000
Tingkat Perusahaan 3
129,334 sqft · RM91 PSF
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Market Snapshot

Commercial

RM3,975,000

RM194 psf

Median transaction price

Perai-Miel
© OpenStreetMap · CARTO

1, Perai, Pulau Pinang, Malaysia

Maps

Perai-Miel in Seberang Perai Tengah, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM4.15 million and a median price per square foot (PSF) of RM192.

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 RM4.15 million, with most transactions falling within a stable range of RM2.88 million to RM5.43 million, and a typical market range of RM2.90 million to RM5.40 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM192, with most transactions between RM182 and RM202. The usual range is RM181.65 to RM202.40, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.75 and an average deviation (MAD) of RM10 indicate a highly stable PSF trend across properties.

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.