Area Intelligence

SEBERANG JAYA

2 properties
2024
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Median Price
RM 325,000
PSF: RM 368

Residential Market

Median Price

RM 325,000

IQR: RM 54
MAD: RM 34
RM 368 PSF 27.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEBERANG JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 325K and a median price per square foot (PSF) of RM 368.

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 325K, with most transactions falling within a stable range of RM 130K to RM 520K, and a typical market range of RM 277K to RM 373K.

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

Price per square foot shows a median of RM 368, though individual units vary from RM 245 to RM 491 in the core range. The broader market spans RM 341.13 to RM 394.88, indicating diverse property characteristics. A wider spread (IQR: RM 53.75) and deviation (MAD: RM 123) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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SEBERANG JAYA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 130,000
531 sqft · RM 245.00 PSF
Jan 2024
1,050 sqft
1 units Double Storey Terraced
RM 520,000
LORONG LAMPAM
1,060 sqft · RM 491.00 PSF
May 2024