Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM3,850,000
PSF
RM203
Price Size
Period
transactions middle 50% (P25–P75)
RM3,850,000
Solok Perusahaan 3
19,011 sqft RM203 PSF
Legend Recent Highest Price Highest PSF

Selling in Perai-Miel? Homes here sold for a median of RM3,850,000.

Free to list, about two minutes, and the buyers reading this page will see it.

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Selling in Perai-Miel? Homes here sold for a median of RM3,850,000.

Free to list, about two minutes, and the buyers reading this page will see it.

Selling in Perai-Miel? Homes here sold for a median of RM3,850,000.

Free to list, about two minutes, and the buyers reading this page will see it.

Selling in Perai-Miel? Homes here sold for a median of RM3,850,000.

Free to list, about two minutes, and the buyers reading this page will see it.

Selling in Perai-Miel? Homes here sold for a median of RM3,850,000.

Free to list, about two minutes, and the buyers reading this page will see it.

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Market Snapshot

Commercial

RM3,850,000

RM203 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 18,975 and 19,024 sqft, with a median price of RM3.85 million and a median price per square foot (PSF) of RM203.

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 RM203, with most transactions between RM203 and RM203. The usual range is RM192.14 to RM212.89, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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