Area Intelligence

PERAI-PERUSAHAAN IV

3 properties
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Median Price
RM 35,000,000
PSF: RM 95

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.

Area Location

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PERAI-PERUSAHAAN IV, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

43,600 sqft
1 units Detached Factory
RM 7,100,000
LORONG PERUSAHAAN UTAMA 2
43,594 sqft · RM 163.00 PSF
Aug 2022
399,400 sqft
1 units Detached Factory
RM 35,000,000
JALAN PERUSAHAAN
399,416 sqft · RM 88.00 PSF
Jun 2023
457,750 sqft
1 units Detached Factory
RM 43,500,000
LORONG PERUSAHAAN MAJU 6
457,744 sqft · RM 95.00 PSF
Jan 2022