Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM9,000,000
PSF
RM117
Price Size
Period
transactions middle 50% (P25–P75)
RM9,000,000
Jalan Perusahaan
77,018 sqft RM117 PSF
Legend Recent Highest Price Highest PSF

Selling in Perai-Miel? Homes here sold for a median of RM9,000,000.

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Market Snapshot

Commercial

RM9,000,000

RM117 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 76,975 and 77,024 sqft, with a median price of RM9.00 million and a median price per square foot (PSF) of RM117.

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 RM117, with most transactions between RM117 and RM117. The usual range is RM106.49 to RM127.24, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.