Penang
Seberang Perai Selatan
12
INDUSTRI RINGAN VALDOR

INDUSTRI RINGAN VALDOR

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 304

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Commercial PSF Trends

Median Price

RM 500,000

RM 304 PSF

INDUSTRI RINGAN VALDOR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 304.

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 500K, with most transactions falling within a stable range of RM 479K to RM 500K, and a typical market range of RM 476K to RM 500K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 304, with most transactions between RM 291 and RM 317. The usual range is RM 282.50 to RM 325.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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INDUSTRI RINGAN VALDOR, Seberang Perai Selatan, Penang

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