Penang
Seberang Perai Selatan
15
TAMAN IKS SPG EMPAT

TAMAN IKS SPG EMPAT

Area Intelligence

2023

Median Price

RM 1,600,000

PSF: RM 267

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Commercial PSF Trends

Median Price

RM 1,600,000

RM 267 PSF

TAMAN IKS SPG EMPAT in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 267.

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 267, with most transactions between RM 267 and RM 267. The usual range is RM 228.50 to RM 305.50, 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.

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.

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TAMAN IKS SPG EMPAT, Seberang Perai Selatan, Penang

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