Penang
Barat Daya
12
PERINDUSTRIAN FELTON

PERINDUSTRIAN FELTON

Area Intelligence

2024

Median Price

RM 3,647,500

PSF: RM 649

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Commercial PSF Trends

Median Price

RM 3,647,500

RM 649 PSF

PERINDUSTRIAN FELTON in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 3.65 million and a median price per square foot (PSF) of RM 649.

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 3.65 million, with most transactions falling within a stable range of RM 3.61 million to RM 495K, and a typical market range of RM 1.91 million to RM 495K.

Most transactions involved industrial unit, with moderate diversity in property types available.

For price per square foot, the median is RM 649, with most transactions between RM 641 and RM 656. The usual range is RM 353.88 to RM 943.13, showing that most units are priced quite close to each other. With an IQR of RM 589.25 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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PERINDUSTRIAN FELTON, Barat Daya, Penang

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