PRAI PERDANA Property Investment Analysis
PROPERTY TYPES OVERVIEW
Low-Cost Flat
42 properties
Median Price
RM 150,000
-2.5% CAGR
Median PSF
RM 231.00
-2.5% CAGR
Flat
5 properties
Median Price
RM 180,000
Median PSF
RM 277.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Low-Cost Flat | 42 | 6,282,000 |
RM 150,000
±3K MAD
|
-2.49% |
RM 231.00
±4 MAD
|
-2.48% | |
Flat | 5 | 895,000 |
RM 180,000
|
- |
RM 277.00
|
- |
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 290,000
|
RM 385.00
|
753 sqft
|
Oct 2024
|
Condominium/Apartment |
|
RM 280,000
|
RM 372.00
|
753 sqft
|
Apr 2024
|
Condominium/Apartment |
|
RM 230,000
|
RM 305.00
|
753 sqft
|
Mar 2024
|
Condominium/Apartment |
|
RM 160,000
|
RM 212.00
|
753 sqft
|
Oct 2023
|
Condominium/Apartment |
|
RM 223,000
|
RM 276.00
|
807 sqft
|
Mar 2023
|
Condominium/Apartment |
|
RM 240,000
|
RM 297.00
|
807 sqft
|
Nov 2022
|