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 grouped by size

21,000 sqft
1 units Detached Factory
RM 7,200,000
LEBUHRAYA Kampung JAWA
20,990 sqft · RM 343.00 PSF
Jun 2022
21,350 sqft
1 units Detached Factory
RM 5,700,000
PINTASAN Kampung JAWA 2
21,356 sqft · RM 267.00 PSF
Mar 2022
87,350 sqft
1 units Detached Factory
RM 38,000,000
MEDAN BAYAN LEPAS
87,360 sqft · RM 435.00 PSF
Mar 2022
87,400 sqft
1 units Detached Factory
RM 21,000,000
LINTANG BAYAN LEPAS 7
87,403 sqft · RM 240.00 PSF
Mar 2022
90,050 sqft
1 units Detached Factory
RM 25,500,000
JLN HILIR SG KELUANG 3
90,040 sqft · RM 283.00 PSF
Dec 2022