Penang
Seberang Perai Tengah
1
PERAI-PERUSAHAAN IV

PERAI-PERUSAHAAN IV

Area Intelligence

2021

Median Price

RM 8,732,000

PSF: RM 117

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Commercial PSF Trends

Median Price

RM 8,732,000

RM 117 PSF

PERAI-PERUSAHAAN IV in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 8.73 million and a median price per square foot (PSF) of RM 117.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 117, with most transactions between RM 117 and RM 117. The usual range is RM 111.50 to RM 122.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.00 and an average deviation (MAD) of RM 0 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.

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PERAI-PERUSAHAAN IV, Seberang Perai Tengah, Penang

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