Area Intelligence

PERINDUSTRIAN FELTON

5 properties
Industrial Unit
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Median Price
RM 495,000
PSF: RM 282

Commercial Market

Median Price

RM 495,000

IQR: RM 589
MAD: RM 146
RM 282 PSF 28.5%

PSF Trends (2021-2025)

PERINDUSTRIAN FELTON in Barat Daya, Penang recorded 5 Industrial Unit properties subsale transactions between 2021 and 2025 for industrial unit properties, with a median price of RM 495K and a median price per square foot (PSF) of RM 282.

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 495K, with most transactions falling within a stable range of RM 390K to RM 658K, and a typical market range of RM 390K to RM 840K.

Within the Industrial Unit category, industrial unit dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 282, though individual units vary from RM 186 to RM 378 in the core range. The broader market spans RM 0.00 to RM 576.63, indicating diverse property characteristics. A wider spread (IQR: RM 589.25) and deviation (MAD: RM 96) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PERINDUSTRIAN FELTON, Barat Daya, Penang

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Transactions

5 properties grouped by size

1,450 sqft
1 units Industrial Unit
RM 410,000
1,453 sqft · RM 282.00 PSF
Sep 2024
1,650 sqft
3 units Industrial Unit
RM 495,000
1,668 sqft · RM 297.00 PSF
Jan 2024
RM 840,000
1,658 sqft · RM 507.00 PSF
Dec 2022
RM 390,000
1,668 sqft · RM 234.00 PSF
Mar 2022
1,800 sqft
1 units Industrial Unit
RM 500,000
1,798 sqft · RM 278.00 PSF
Dec 2022