PERAI-PERUSAHAAN IV
PERAI-PERUSAHAAN IV in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 35.00 million and a median price per square foot (PSF) of RM 95.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 35.00 million, with most transactions falling within a stable range of RM 26.50 million to RM 43.50 million, and a typical market range of RM 25.90 million to RM 43.50 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 95, with most transactions between RM 88 and RM 102. The usual range is RM 76.25 to RM 113.75, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
3 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Detached Factory |
JALAN PERUSAHAAN
|
RM 35,000,000
|
RM 88.00
|
399,416 sqft
|
Jun 2023
|
Detached Factory |
LORONG PERUSAHAAN UTAMA 2
|
RM 7,100,000
|
RM 163.00
|
43,594 sqft
|
Aug 2022
|
Detached Factory |
LORONG PERUSAHAAN MAJU 6
|
RM 43,500,000
|
RM 95.00
|
457,744 sqft
|
Jan 2022
|