Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size · Semi-D Factory →

Median
RM 4,150,000
PSF
RM 192
7,800 sqft
Semi-D Factory
RM 1,500,000
Tingkat Perusahaan 3A
7,812 sqft · RM 192 PSF
7,850 sqft
Semi-D Factory
RM 1,800,000
Tingkat Perusahaan 3A
7,875 sqft · RM 229 PSF
8,500 sqft
Semi-D Factory
RM 1,300,000
Lorong. Perusahaan 3
8,497 sqft · RM 153 PSF
10,850 sqft
Semi-D Factory
RM 2,050,000
Puncak Perusahaan 1
10,861 sqft · RM 189 PSF
19,000 sqft
Semi-D Factory
RM 3,850,000
Solok Perusahaan 3
19,011 sqft · RM 203 PSF
21,450 sqft
Semi-D Factory
RM 4,100,000
Jalan Perusahaan
21,472 sqft · RM 191 PSF
RM 4,450,000
Jalan Perusahaan 3
21,472 sqft · RM 207 PSF
RM 4,200,000
Solok Perusahaan 3
21,473 sqft · RM 196 PSF
23,000 sqft
Semi-D Factory
RM 4,600,000
Jalan Perusahaan
23,021 sqft · RM 200 PSF
RM 4,400,000
Solok Perusahaan 3
23,021 sqft · RM 191 PSF
77,000 sqft
Factory
RM 9,000,000
Jalan Perusahaan
77,018 sqft · RM 117 PSF
129,350 sqft
Factory
RM 11,814,000
Tingkat Perusahaan 3
129,334 sqft · RM 91 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 3,975,000

RM 194 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 RM 4.15 million and a median price per square foot (PSF) of RM 192.

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 4.15 million, with most transactions falling within a stable range of RM 2.88 million to RM 5.43 million, and a typical market range of RM 2.90 million to RM 5.40 million.

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

For price per square foot, the median is RM 192, with most transactions between RM 182 and RM 202. The usual range is RM 181.65 to RM 202.40, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.75 and an average deviation (MAD) of RM 10 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.