Area Intelligence

BANDAR PERAI JAYA

33 properties
Low-Cost Flat
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Median Price
RM 47,000
PSF: RM 79

Residential Market

Median Price

RM 47,000

IQR: RM 18
MAD: RM 11
RM 79 PSF 1.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

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 33 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 47K and a median price per square foot (PSF) of RM 79.

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 47K, with most transactions falling within a stable range of RM 36K to RM 58K, and a typical market range of RM 23K to RM 80K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 79, though individual units vary from RM 61 to RM 97 in the core range. The broader market spans RM 58.00 to RM 100.00, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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BANDAR PERAI JAYA, Seberang Perai Tengah, Penang

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Transactions

33 properties grouped by size

550 sqft
2 units Low-Cost Flat
RM 30,000
560 sqft · RM 54.00 PSF
Sep 2022
RM 23,000
560 sqft · RM 41.00 PSF
Mar 2022
600 sqft
31 units (showing 6) Low-Cost Flat
RM 47,000
592 sqft · RM 79.00 PSF
Sep 2024
RM 53,000
592 sqft · RM 90.00 PSF
Jul 2024
RM 43,000
592 sqft · RM 73.00 PSF
Jun 2024
RM 56,000
592 sqft · RM 95.00 PSF
Jun 2024
RM 40,000
592 sqft · RM 68.00 PSF
Jun 2024
RM 50,000
592 sqft · RM 84.00 PSF
Jun 2024