Penang
Barat Daya
12
PERINDUSTRIAN FELTON

PERINDUSTRIAN FELTON

Area Intelligence

2024

Median Price

RM 6,900,000

PSF: RM 1,203

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 6,900,000

RM 1,203 PSF

PERINDUSTRIAN FELTON in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 6.90 million and a median price per square foot (PSF) of RM 1,203.

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 6.90 million, with most transactions falling within a stable range of RM 6.80 million to RM 7.00 million, and a typical market range of RM 6.80 million to RM 7.00 million.

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

The median PSF stands at RM 1,203, with core pricing between RM 1,000 and RM 1,405. Market pricing typically extends from RM 907.88 to RM 1,497.13, reflecting moderate variation in unit pricing. The spread of RM 589.25 (IQR) and deviation of RM 203 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

PERINDUSTRIAN FELTON, Barat Daya, Penang

OSM