Perai-Miel

1, Perai, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM10,407,000
PSF
RM104
Price Size
Period
transactions middle 50% (P25–P75)
77,000 sqft
Factory
RM9,000,000
Jalan Perusahaan
77,018 sqft · RM117 PSF
129,350 sqft
Factory
RM11,814,000
Tingkat Perusahaan 3
129,334 sqft · RM91 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM10,407,000

RM104 psf

Median transaction price

Perai-Miel
© OpenStreetMap · CARTO

1, Perai, Pulau Pinang, Malaysia

Maps

Perai-Miel in Seberang Perai Tengah, Penang recorded 2 Detached Factory properties subsale transactions between 2021 and 2026, with a median price of RM10.41 million and a median price per square foot (PSF) of RM104.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM10.41 million, with most transactions falling within a stable range of RM9.00 million to RM11.81 million, and a typical market range of RM9.16 million to RM11.66 million.

Within the Detached Factory category, semi-detached factory/warehouse dominated the market, though some variety exists in the market.

The median PSF stands at RM104, with core pricing between RM91 and RM117. Market pricing typically extends from RM93.73 to RM114.48, reflecting moderate variation in unit pricing. With an IQR of RM20.75 and MAD of RM13, the PSF demonstrates reasonable consistency across the market.

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.