SEBERANG JAYA

SEBERANG JAYA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 94K and a median price per square foot (PSF) of RM 177.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 94K, with most transactions falling within a stable range of RM 90K to RM 110K, and a typical market range of RM 90K to RM 125K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 177, with core pricing between RM 146 and RM 208. Market pricing typically extends from RM 150.13 to RM 203.88, reflecting moderate variation in unit pricing. The spread of RM 53.75 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.

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.