ECO INDUSTRIAL HUB

ECO INDUSTRIAL HUB in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM 2.97 million and a median price per square foot (PSF) of RM 154.

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 2.97 million, with most transactions falling within a stable range of RM 2.79 million to RM 3.15 million, and a typical market range of RM 2.80 million to RM 3.13 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 154, with core pricing between RM 126 and RM 182. Market pricing typically extends from RM 123.00 to RM 185.00, reflecting moderate variation in unit pricing. The spread of RM 62.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.