PERAI-PERUSAHAAN IV

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 7.10 million to RM 43.50 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.

Price per square foot shows a median of RM 129, though individual units vary from RM 95 to RM 163 in the core range. The broader market spans RM 110.25 to RM 147.75, indicating diverse property characteristics. A wider spread (IQR: RM 37.50) and deviation (MAD: RM 34) indicate significant PSF variations, likely due to diverse property types or conditions.

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.