Area Intelligence

PERAI-PERUSAHAAN IV

1 properties
2023
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Median Price
RM 30,000,000
PSF: RM 91

Commercial Market

Median Price

RM 30,000,000

RM 91 PSF

PSF Trends (2021-2025)

PERAI-PERUSAHAAN IV in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 30.00 million and a median price per square foot (PSF) of RM 91.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 91, with most transactions between RM 91 and RM 91. The usual range is RM 87.75 to RM 94.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. 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

1 properties grouped by size

328,750 sqft
1 units Detached Factory
RM 30,000,000
TINGKAT PERUSAHAAN 6
328,730 sqft · RM 91.00 PSF
Jun 2023