Area Intelligence

KAWASAN INDUSTRI PERMATANG DAMAR LAUT

6 properties
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Median Price
RM 7,690,000
PSF: RM 550

Commercial Market

Median Price

RM 8,380,000

IQR: RM 200
MAD: RM 114
RM 586 PSF

PSF Trends (2021-2025)

KAWASAN INDUSTRI PERMATANG DAMAR LAUT in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 7.69 million and a median price per square foot (PSF) of RM 550.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 7.69 million, with most transactions falling within a stable range of RM 6.19 million to RM 9.19 million, and a typical market range of RM 6.39 million to RM 8.99 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 550, with core pricing between RM 470 and RM 631. Market pricing typically extends from RM 466.00 to RM 634.00, reflecting moderate variation in unit pricing. With an IQR of RM 168.00 and MAD of RM 81, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN INDUSTRI PERMATANG DAMAR LAUT, Barat Daya, Penang

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Transactions

6 properties grouped by size

6,900 sqft
1 units Semi-D Factory
RM 5,200,000
JALAN DAMAR 3
6,910 sqft · RM 752.00 PSF
Aug 2022
10,900 sqft
1 units Semi-D Factory
RM 6,380,000
LINTANG BERINGIN 1
10,893 sqft · RM 586.00 PSF
Jul 2022
12,450 sqft
1 units Semi-D Factory
RM 8,380,000
JALAN DAMAR 3
12,465 sqft · RM 672.00 PSF
Oct 2022
13,650 sqft
1 units Detached Factory
RM 7,000,000
SOLOK BERINGIN
13,627 sqft · RM 514.00 PSF
Aug 2022
19,900 sqft
1 units Semi-D Factory
RM 9,380,000
JALAN BERINGIN
19,892 sqft · RM 472.00 PSF
Jul 2022
20,100 sqft
1 units Semi-D Factory
RM 9,380,000
JALAN BERINGIN
20,085 sqft · RM 467.00 PSF
Jul 2022