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 grouped by size

600 sqft
10 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 50,000
592 sqft · RM 84.00 PSF
Jun 2024
RM 40,000
592 sqft · RM 68.00 PSF
Jun 2024
RM 56,000
592 sqft · RM 95.00 PSF
Jun 2024
RM 43,000
592 sqft · RM 73.00 PSF
Jun 2024
1,100 sqft
1 units 3-Storey Storey Shop
RM 560,000
JALAN PERAI JAYA 3
1,094 sqft · RM 512.00 PSF
Jul 2024
1,600 sqft
1 units 3-Storey Storey Shop
RM 620,000
JALAN PERAI JAYA 4
1,604 sqft · RM 387.00 PSF
Feb 2024
12,100 sqft
1 units 3-Storey Storey Shop
RM 500,000
JALAN PERAI JAYA 1
12,088 sqft · RM 41.00 PSF
Mar 2024
15,150 sqft
1 units 3-Storey Storey Shop
RM 720,000
JALAN PERAI JAYA 2
15,145 sqft · RM 48.00 PSF
Apr 2024
17,950 sqft
1 units 3-Storey Storey Shop
RM 780,000
JALAN PERAI JAYA
17,965 sqft · RM 43.00 PSF
Jul 2024
18,600 sqft
1 units 3-Storey Storey Shop
RM 530,000
JALAN PERAI JAYA 3
18,579 sqft · RM 29.00 PSF
Jun 2024