BANDAR PERDA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 935K and a median price per square foot (PSF) of RM 478.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 935K, with most transactions falling within a stable range of RM 915K to RM 955K, and a typical market range of RM 923K to RM 948K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 478, with most transactions between RM 463 and RM 493. The usual range is RM 467.50 to RM 487.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
