Kaw P'haan Prai(Nftz)

1, Perai, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM8,000,000
PSF
RM126
Price Size
Period
transactions middle 50% (P25–P75)
43,700 sqft
Factory
RM5,518,000
Lorong Perusahaan 6
43,684 sqft · RM126 PSF
47,150 sqft
Factory
RM6,068,000
Lorong. Perusahaan 8D
47,171 sqft · RM129 PSF
86,000 sqft
Factory
RM11,000,000
Tkt Perusahaan 2A
86,018 sqft · RM128 PSF
87,100 sqft
Factory
RM9,200,000
Jalan Perusahaan
87,120 sqft · RM106 PSF
138,400 sqft
Factory
RM17,482,000
Lorong Perusahaan 8
138,413 sqft · RM126 PSF
150,800 sqft
Factory
RM6,800,000
Lorong Perusahaan 10
150,813 sqft · RM45 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM8,000,000

RM126 psf

Median transaction price

Kaw P'haan Prai(Nftz) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2021, with a median price of RM8.00 million and a median price per square foot (PSF) of RM126.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM8.00 million, with most transactions falling within a stable range of RM5.52 million to RM12.10 million, and a typical market range of RM5.52 million to RM11.06 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM126, though individual units vary from RM96 to RM156 in the core range. The broader market spans RM106.44 to RM146.19, indicating diverse property characteristics. The spread of RM39.75 (IQR) and deviation of RM30 (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. Limited transaction history suggests carefully evaluating comparable sales data.