Area Intelligence

BANDAR PERAI JAYA

15 properties
2022
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Median Price
RM 69,000
PSF: RM 93

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 562,500

IQR: RM 296
MAD: RM 113
RM 336 PSF 31.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2022, with a median price of RM 69K and a median price per square foot (PSF) of RM 93.

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 69K, with most transactions falling within a stable range of RM 23K to RM 325K, and a typical market range of RM 23K to RM 312K.

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

Price per square foot shows a median of RM 93, though individual units vary from RM 0 to RM 232 in the core range. The broader market spans RM 72.00 to RM 114.00, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 139) 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

15 properties found

3-Storey Storey Shop JALAN PERAI JAYA 5
RM 550,000
1,249 sqft Nov 2022
RM 440.00 PSF
Low-Cost Flat
RM 80,000
592 sqft Nov 2022
RM 135.00 PSF
Low-Cost Flat
RM 69,000
592 sqft Nov 2022
RM 117.00 PSF
Low-Cost Flat
RM 30,000
560 sqft Sep 2022
RM 54.00 PSF
Low-Cost Flat
RM 50,000
592 sqft Sep 2022
RM 84.00 PSF
3-Storey Storey Shop JALAN BARU
RM 550,000
53,238 sqft Jul 2022
RM 10.00 PSF
3-Storey Storey Shop JALAN BARU
RM 700,000
2,245 sqft Jun 2022
RM 312.00 PSF
Low-Cost Flat
RM 53,000
592 sqft May 2022
RM 90.00 PSF
Shop/Retail Lot
RM 180,000
645 sqft May 2022
RM 279.00 PSF
Low-Cost Flat
RM 36,000
592 sqft Apr 2022
RM 61.00 PSF
Low-Cost Flat
RM 23,000
560 sqft Mar 2022
RM 41.00 PSF
Low-Cost Flat
RM 55,000
592 sqft Mar 2022
RM 93.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 4
RM 575,000
1,604 sqft Feb 2022
RM 359.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 4
RM 600,000
1,604 sqft Feb 2022
RM 374.00 PSF
Low-Cost Flat
RM 29,000
592 sqft Jan 2022
RM 49.00 PSF