TAMAN IKS SPG EMPAT in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 247.
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 1.55 million, with most transactions falling within a stable range of RM 994K to RM 2.11 million, and a typical market range of RM 706K to RM 2.39 million.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 247, with core pricing between RM 216 and RM 278. Market pricing typically extends from RM 208.50 to RM 285.50, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
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.