Penang
Seberang Perai Tengah
1
PERAI-PERUSAHAAN IV

PERAI-PERUSAHAAN IV

Area Intelligence

2022

Median Price

RM 10,000,000

PSF: RM 106

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Commercial PSF Trends

Median Price

RM 10,000,000

RM 106 PSF

PERAI-PERUSAHAAN IV in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 10.00 million and a median price per square foot (PSF) of RM 106.

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 106, with most transactions between RM 106 and RM 106. The usual range is RM 100.50 to RM 111.50, 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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