Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM1,500,000
PSF
RM192
Price Size
Period
transactions middle 50% (P25–P75)
RM1,500,000
Tingkat Perusahaan 3A
7,812 sqft RM192 PSF
Legend Recent Highest Price Highest PSF

Selling in Perai-Miel? Homes here sold for a median of RM1,500,000.

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

List your property free

Posts about Perai-Miel

What’s happening in Perai-Miel?

No posts about Perai-Miel yet. Be the first to share what’s happening here.

Market Snapshot

Commercial

RM1,500,000

RM192 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 7,775 and 7,824 sqft, with a median price of RM1.50 million and a median price per square foot (PSF) of RM192.

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 RM192, with most transactions between RM192 and RM192. The usual range is RM181.65 to RM202.40, 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.