Area Intelligence

PERINDUSTRIAN FELTON

2 properties
Terraced Factory
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Median Price
RM 5,000,000
PSF: RM 1,116

Commercial Market

Median Price

RM 5,000,000

IQR: RM 589
MAD: RM 146
RM 1,116 PSF 28.5%

PSF Trends (2021-2025)

PERINDUSTRIAN FELTON in Barat Daya, Penang recorded 2 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 5.00 million and a median price per square foot (PSF) of RM 1,116.

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 5.00 million, with most transactions falling within a stable range of RM 3.00 million to RM 7.00 million, and a typical market range of RM 3.26 million to RM 6.74 million.

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

Price per square foot shows a median of RM 1,116, though individual units vary from RM 827 to RM 1,405 in the core range. The broader market spans RM 821.38 to RM 1,410.63, indicating diverse property characteristics. A wider spread (IQR: RM 589.25) and deviation (MAD: RM 289) 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

2 properties grouped by size

3,650 sqft
1 units Terraced Factory
RM 3,000,000
JALAN SUNGAI TIRAM 2
3,627 sqft · RM 827.00 PSF
Aug 2022
5,000 sqft
1 units Terraced Factory
RM 7,000,000
JLN SG TIRAM 2
4,984 sqft · RM 1,405.00 PSF
Apr 2024