Penang
Barat Daya
12
PERINDUSTRIAN FELTON

PERINDUSTRIAN FELTON

Area Intelligence

2022

Median Price

RM 670,000

PSF: RM 393

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Commercial PSF Trends

Median Price

RM 670,000

RM 393 PSF

PERINDUSTRIAN FELTON in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 670K and a median price per square foot (PSF) of RM 393.

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 670K, with most transactions falling within a stable range of RM 615K to RM 500K, and a typical market range of RM 390K to RM 500K.

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

For price per square foot, the median is RM 393, with most transactions between RM 371 and RM 415. The usual range is RM 97.88 to RM 687.13, showing that most units are priced quite close to each other. With an IQR of RM 589.25 and MAD of RM 22, 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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