Penang
Barat Daya
12
NYAMAN MUTIARA LIGHT INDUSTRIAL PARK

NYAMAN MUTIARA LIGHT INDUSTRIAL PARK

Area Intelligence

2023

Median Price

RM 7,480,000

PSF: RM 731

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Commercial PSF Trends

Median Price

RM 7,480,000

RM 731 PSF

NYAMAN MUTIARA LIGHT INDUSTRIAL PARK in Barat Daya, Penang recorded 1 subsale transactions in 2023, with a median price of RM 7.48 million and a median price per square foot (PSF) of RM 731.

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

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

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

For price per square foot, the median is RM 731, with most transactions between RM 731 and RM 731. The usual range is RM 581.50 to RM 880.50, showing that most units are priced quite close to each other. With an IQR of RM 299.00 and MAD of RM 0, 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. 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.

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NYAMAN MUTIARA LIGHT INDUSTRIAL PARK, Barat Daya, Penang

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