NYAMAN MUTIARA LIGHT INDUSTRIAL PARK in Barat Daya, Penang recorded 0 subsale transactions in 2024, with a median price of RM 5.50 million and a median price per square foot (PSF) of RM 934.
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 5.50 million, with most transactions falling within a stable range of RM 4.25 million to RM 6.75 million, and a typical market range of RM 4.69 million to RM 6.31 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 934, though individual units vary from RM 731 to RM 1,137 in the core range. The broader market spans RM 784.50 to RM 1,083.50, indicating diverse property characteristics. The spread of RM 299.00 (IQR) and deviation of RM 203 (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.
