PERAI-MIEL
Commercial Market
Median Price
RM 4,100,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Semi-D Factory
10 properties
Median Price
RM 3,387,500
+26.0% CAGR
Median PSF
RM 192.50
+0.4% CAGR
Detached Factory
2 properties
Median Price
RM 10,407,000
+14.6% CAGR
Median PSF
RM 104.00
-11.8% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Semi-D Factory | 10 |
RM 3,387,500
±875K MAD
|
+25.99% |
RM 192.50
±3 MAD
|
+0.35% | |
| Detached Factory | 2 |
RM 10,407,000
±1,407K MAD
|
+14.57% |
RM 104.00
±13 MAD
|
-11.81% |
PERAI-MIEL in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 4.10 million and a median price per square foot (PSF) of RM 191.
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 RM 191, with most transactions between RM 191 and RM 191. The usual range is RM 180.63 to RM 201.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.75 and an average deviation (MAD) of RM 0 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN PERUSAHAAN
|
RM 4,100,000
|
RM 191.00
|
21,472 sqft
|
Mar 2024
|