Penang
Seberang Perai Selatan
15
TAMAN IKS SPG EMPAT

TAMAN IKS SPG EMPAT

Area Intelligence

2022

Median Price

RM 3,825,000

PSF: RM 219

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Commercial PSF Trends

Median Price

RM 3,825,000

RM 219 PSF

TAMAN IKS SPG EMPAT in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 3.83 million and a median price per square foot (PSF) of RM 219.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 219, with most transactions between RM 219 and RM 219. The usual range is RM 180.00 to RM 257.00, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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TAMAN IKS SPG EMPAT, Seberang Perai Selatan, Penang

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