PRAI PERDANA Property Investment Analysis

Perai, Seberang Perai Tengah, Penang

Median Price
RM 235,000
CAGR
+8.0%
Median PSF
RM 301.00
CAGR
+11.9%
Transactions
6
Period
2022-2024

PROPERTY TYPES OVERVIEW

PRAI PERDANA in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 235K and a median price per square foot (PSF) of RM 301.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 235K, with most transactions falling within a stable range of RM 207K to RM 264K, and a typical market range of RM 212K to RM 258K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 301, with core pricing between RM 253 and RM 349. Market pricing typically extends from RM 264.00 to RM 338.00, reflecting moderate variation in unit pricing. The spread of RM 74.00 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

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.

ADVANCED FILTERS

TRANSACTIONS

6 found
Condominium/Apartment
RM 290,000
PSF: RM 385.00
Area: 753 sqft
Date: Oct 2024
Condominium/Apartment
RM 280,000
PSF: RM 372.00
Area: 753 sqft
Date: Apr 2024
Condominium/Apartment
RM 230,000
PSF: RM 305.00
Area: 753 sqft
Date: Mar 2024
Condominium/Apartment
RM 160,000
PSF: RM 212.00
Area: 753 sqft
Date: Oct 2023
Condominium/Apartment
RM 223,000
PSF: RM 276.00
Area: 807 sqft
Date: Mar 2023
Condominium/Apartment
RM 240,000
PSF: RM 297.00
Area: 807 sqft
Date: Nov 2022