Perai-Perusahaan Iv

1, Lorong Perusahaan 4, Kawasan Perusahaan Bebas Perai, 13600 Perai, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM 12,650,000
PSF
RM 134
Price Size
RM 15,300,000
Lorong Perusahaan Baru 2B
94,550 sqft RM 162 PSF
RM 10,000,000
Lorong Perusahaan Baru 2B
94,550 sqft RM 106 PSF
Legend Recent Highest Price Highest PSF
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Perai-Perusahaan Iv
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1, Lorong Perusahaan 4, Kawasan Perusahaan Bebas Perai, 13600 Perai, Pulau Pinang, Malaysia

Maps

Perai-Perusahaan Iv in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 94,525 and 94,574 sqft, with a median price of RM 12.65 million and a median price per square foot (PSF) of RM 134.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 12.65 million, with most transactions falling within a stable range of RM 10.00 million to RM 15.30 million, and a typical market range of RM 10.00 million to RM 15.30 million.

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

Price per square foot shows a median of RM 134, though individual units vary from RM 106 to RM 162 in the core range. The broader market spans RM 128.29 to RM 139.29, indicating diverse property characteristics. The spread of RM 11.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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.