Penang
Seberang Perai Tengah
11
PERAI-PERUSAHAAN IV

PERAI-PERUSAHAAN IV

Area Intelligence

2022

Median Price

RM 25,300,000

PSF: RM 129

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 25,300,000

RM 129 PSF

PERAI-PERUSAHAAN IV in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 25.30 million and a median price per square foot (PSF) of RM 129.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 25.30 million, with most transactions falling within a stable range of RM 16.80 million to RM 33.80 million, and a typical market range of RM 16.20 million to RM 34.40 million.

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

For price per square foot, the median is RM 129, with most transactions between RM 122 and RM 136. The usual range is RM 110.25 to RM 147.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.50 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

PERAI-PERUSAHAAN IV, Seberang Perai Tengah, Penang

OSM