PERINDUSTRIAN PDC in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 3.25 million and a median price per square foot (PSF) of RM 249.
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 3.25 million, with most transactions falling within a stable range of RM -2,500,000 to RM 9.00 million, and a typical market range of RM -5,125,000 to RM 11.63 million.
Most transactions involved detached factory/warehouse, with moderate diversity in property types available.
Price per square foot shows a median of RM 249, though individual units vary from RM 197 to RM 302 in the core range. The broader market spans RM 193.00 to RM 305.00, indicating diverse property characteristics. 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.
