PERINDUSTRIAN PDC in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 21.00 million and a median price per square foot (PSF) of RM 283.
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 21.00 million, with most transactions falling within a stable range of RM 15.25 million to RM 26.75 million, and a typical market range of RM 12.63 million to RM 29.38 million.
Most transactions involved detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 283, with core pricing between RM 231 and RM 336. Market pricing typically extends from RM 227.00 to RM 339.00, reflecting moderate variation in unit pricing. The spread of RM 112.00 (IQR) and deviation of RM 53 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
