|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Perusahaan
|
RM 4,100,000
|
RM 191
|
21,472 sqft
|
|
Semi-D Factory |
| 2023 | |||||
|
Jalan Perusahaan 3
|
RM 4,450,000
|
RM 207
|
21,472 sqft
|
|
Semi-D Factory |
| 2022 | |||||
|
Solok Perusahaan 3
|
RM 4,200,000
|
RM 196
|
21,473 sqft
|
|
Semi-D Factory |
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Market Snapshot
CommercialRM 4,200,000
RM 196 psfMedian transaction price
1, Perai, Pulau Pinang, Malaysia
MapsPerai-Miel in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 21,425 and 21,474 sqft, with a median price of RM 4.20 million and a median price per square foot (PSF) of RM 196.
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 4.20 million, with most transactions falling within a stable range of RM 4.10 million to RM 4.35 million, and a typical market range of RM 4.10 million to RM 4.45 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 196, with most transactions between RM 189 and RM 202. The usual range is RM 185.22 to RM 205.97, 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 7 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.