Area Intelligence

PERINDUSTRIAN PDC

5 properties
2022
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Median Price
RM 21,000,000
PSF: RM 283

Commercial Market

Median Price

RM 21,000,000

IQR: RM 114
MAD: RM 101
RM 283 PSF 15.9%

PSF Trends (2021-2025)

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 8.98 million to RM 33.02 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.

Price per square foot shows a median of RM 283, though individual units vary from RM 214 to RM 352 in the core range. The broader market spans RM 227.00 to RM 339.00, indicating diverse property characteristics. The spread of RM 112.00 (IQR) and deviation of RM 69 (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.

Area Location

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PERINDUSTRIAN PDC, Barat Daya, Penang

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Transactions

5 properties found

Detached Factory JLN HILIR SG KELUANG 3
RM 25,500,000
90,040 sqft Dec 2022
RM 283.00 PSF
Detached Factory LEBUHRAYA Kampung JAWA
RM 7,200,000
20,990 sqft Jun 2022
RM 343.00 PSF
Detached Factory LINTANG BAYAN LEPAS 7
RM 21,000,000
87,403 sqft Mar 2022
RM 240.00 PSF
Detached Factory MEDAN BAYAN LEPAS
RM 38,000,000
87,360 sqft Mar 2022
RM 435.00 PSF
Detached Factory PINTASAN Kampung JAWA 2
RM 5,700,000
21,356 sqft Mar 2022
RM 267.00 PSF