PERAI-MIEL

PERAI-MIEL in Seberang Perai Tengah, Penang recorded 2 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 10.41 million and a median price per square foot (PSF) of RM 104.

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 RM 10.41 million, with most transactions falling within a stable range of RM 9.00 million to RM 11.81 million, and a typical market range of RM 9.16 million to RM 11.66 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 RM 104, with core pricing between RM 91 and RM 117. Market pricing typically extends from RM 93.63 to RM 114.38, reflecting moderate variation in unit pricing. With an IQR of RM 20.75 and MAD of RM 13, 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.