Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM2,050,000
PSF
RM189
Price Size
Period
transactions middle 50% (P25–P75)
RM2,050,000
Puncak Perusahaan 1
10,861 sqft RM189 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM2,050,000

RM189 psf

Median transaction price

Perai-Miel
© OpenStreetMap · CARTO

1, Perai, Pulau Pinang, Malaysia

Maps

Perai-Miel in Seberang Perai Tengah, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 10,825 and 10,874 sqft, with a median price of RM2.05 million and a median price per square foot (PSF) of RM189.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM189, with most transactions between RM189 and RM189. The usual range is RM178.38 to RM199.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.75 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

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.