Area Intelligence

BANDAR PERAI JAYA

10 properties
2021
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Median Price
RM 255,000
PSF: RM 84

Residential Market

Median Price

RM 50,000

IQR: RM 18
MAD: RM 11
RM 84 PSF 1.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 525,000

IQR: RM 296
MAD: RM 113
RM 144 PSF 31.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2021, with a median price of RM 255K and a median price per square foot (PSF) of RM 84.

This area contains both residential and commercial properties. View 33 residential properties or 23 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 255K, with most transactions falling within a stable range of RM 43K to RM 500K, and a typical market range of RM 43K to RM 498K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 84, though individual units vary from RM 0 to RM 214 in the core range. The broader market spans RM 63.00 to RM 105.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 130) 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.

Area Location

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BANDAR PERAI JAYA, Seberang Perai Tengah, Penang

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Transactions

10 properties found

Low-Cost Flat
RM 50,000
592 sqft Nov 2021
RM 84.00 PSF
Low-Cost Flat
RM 50,000
592 sqft Nov 2021
RM 84.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 3
RM 538,000
12,917 sqft Oct 2021
RM 42.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 4
RM 525,000
3,185 sqft Oct 2021
RM 165.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 4
RM 630,000
1,249 sqft Oct 2021
RM 505.00 PSF
Low-Cost Flat
RM 44,000
592 sqft Oct 2021
RM 74.00 PSF
Low-Cost Flat
RM 43,000
592 sqft Oct 2021
RM 73.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 6
RM 460,000
3,185 sqft Jul 2021
RM 144.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 5
RM 500,000
10,174 sqft May 2021
RM 49.00 PSF
Low-Cost Flat
RM 50,000
592 sqft May 2021
RM 84.00 PSF