Area Intelligence

BANDAR PERAI JAYA

16 properties
2024
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Median Price
RM 54,000
PSF: RM 76

Residential Market

Median Price

RM 48,500

IQR: RM 18
MAD: RM 11
RM 82 PSF 1.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 590,000

IQR: RM 296
MAD: RM 113
RM 46 PSF 31.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR PERAI JAYA in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2024, with a median price of RM 54K and a median price per square foot (PSF) of RM 76.

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 54K, with most transactions falling within a stable range of RM 35K to RM 338K, and a typical market range of RM 35K to RM 297K.

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

Price per square foot shows a median of RM 76, though individual units vary from RM 0 to RM 206 in the core range. The broader market spans RM 55.00 to RM 97.00, 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

16 properties found

Low-Cost Flat
RM 47,000
592 sqft Sep 2024
RM 79.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA
RM 780,000
17,965 sqft Jul 2024
RM 43.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 3
RM 560,000
1,094 sqft Jul 2024
RM 512.00 PSF
Low-Cost Flat
RM 53,000
592 sqft Jul 2024
RM 90.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 3
RM 530,000
18,579 sqft Jun 2024
RM 29.00 PSF
Low-Cost Flat
RM 50,000
592 sqft Jun 2024
RM 84.00 PSF
Low-Cost Flat
RM 40,000
592 sqft Jun 2024
RM 68.00 PSF
Low-Cost Flat
RM 56,000
592 sqft Jun 2024
RM 95.00 PSF
Low-Cost Flat
RM 43,000
592 sqft Jun 2024
RM 73.00 PSF
Low-Cost Flat
RM 35,000
592 sqft May 2024
RM 59.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 2
RM 720,000
15,145 sqft Apr 2024
RM 48.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 1
RM 500,000
12,088 sqft Mar 2024
RM 41.00 PSF
Low-Cost Flat
RM 50,000
592 sqft Mar 2024
RM 84.00 PSF
3-Storey Storey Shop JALAN PERAI JAYA 4
RM 620,000
1,604 sqft Feb 2024
RM 387.00 PSF
Low-Cost Flat
RM 35,000
592 sqft Feb 2024
RM 59.00 PSF
Low-Cost Flat
RM 55,000
592 sqft Jan 2024
RM 93.00 PSF