Area Intelligence

PERAI-PERUSAHAAN IV

5 properties
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Median Price
RM 8,732,000
PSF: RM 111

PERAI-PERUSAHAAN IV in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 8.73 million and a median price per square foot (PSF) of RM 111.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 8.73 million, with most transactions falling within a stable range of RM 3.90 million to RM 13.56 million, and a typical market range of RM 5.68 million to RM 11.78 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 111, with most transactions between RM 105 and RM 117. The usual range is RM 105.50 to RM 116.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.00 and an average deviation (MAD) of RM 6 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.

Area Location

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PERAI-PERUSAHAAN IV, Seberang Perai Tengah, Penang

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Transactions

5 properties grouped by size

30,700 sqft
1 units Detached Factory
RM 3,400,000
LORONG PERUSAHAAN BARU 2
30,693 sqft · RM 111.00 PSF
Jun 2023
40,500 sqft
1 units Detached Factory
RM 3,900,000
LORONG PERUSAHAAN 12
40,505 sqft · RM 96.00 PSF
Dec 2023
74,600 sqft
1 units Detached Factory
RM 8,732,000
JALAN PERUSAHAAN BARU 1
74,583 sqft · RM 117.00 PSF
Nov 2021
94,550 sqft
2 units Detached Factory
RM 15,300,000
LORONG PERUSAHAAN BARU 2B
94,550 sqft · RM 162.00 PSF
Nov 2023
RM 10,000,000
LORONG PERUSAHAAN BARU 2B
94,550 sqft · RM 106.00 PSF
Sep 2022