Area Intelligence

BANDAR PERAI JAYA

10 properties
2021
Favorite WhatsApp
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

Loading map...

BANDAR PERAI JAYA, Seberang Perai Tengah, Penang

OSM

Filter by type, year, price, and size

1 filter active
Clear All Filters

Transactions

10 properties grouped by size

600 sqft
5 units Low-Cost Flat
RM 50,000
592 sqft · RM 84.00 PSF
Nov 2021
RM 50,000
592 sqft · RM 84.00 PSF
Nov 2021
RM 44,000
592 sqft · RM 74.00 PSF
Oct 2021
RM 43,000
592 sqft · RM 73.00 PSF
Oct 2021
RM 50,000
592 sqft · RM 84.00 PSF
May 2021
1,250 sqft
1 units 3-Storey Storey Shop
RM 630,000
JALAN PERAI JAYA 4
1,249 sqft · RM 505.00 PSF
Oct 2021
3,200 sqft
2 units 3-Storey Storey Shop
RM 525,000
JALAN PERAI JAYA 4
3,185 sqft · RM 165.00 PSF
Oct 2021
RM 460,000
JALAN PERAI JAYA 6
3,185 sqft · RM 144.00 PSF
Jul 2021
10,150 sqft
1 units 3-Storey Storey Shop
RM 500,000
JALAN PERAI JAYA 5
10,174 sqft · RM 49.00 PSF
May 2021
12,900 sqft
1 units 3-Storey Storey Shop
RM 538,000
JALAN PERAI JAYA 3
12,917 sqft · RM 42.00 PSF
Oct 2021