| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sungai Tiram 7
|
RM 4,250,000
|
RM 1,007
|
4,219 sqft
|
|
|
Solok Sungai Tiram
|
RM 7,480,000
|
RM 731
|
10,226 sqft
|
|
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Southwest District, Penang, Malaysia
MapsNyaman Mutiara Light Industrial Park in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 5.87 million and a median price per square foot (PSF) of RM 869.
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 5.87 million, with most transactions falling within a stable range of RM 4.25 million to RM 7.48 million, and a typical market range of RM 5.06 million to RM 6.67 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 869, with core pricing between RM 731 and RM 1,007. Market pricing typically extends from RM 719.86 to RM 1,018.86, reflecting moderate variation in unit pricing. The spread of RM 299.00 (IQR) and deviation of RM 138 (MAD) suggest moderate price variations reflecting different property features.
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.