TAMAN IKS SPG EMPAT

Area Intelligence
2023
Median Price
RM 4,250,000
PSF: RM 238

Commercial PSF Trends

Median Price

RM 4,250,000

RM 238 PSF

TAMAN IKS SPG EMPAT in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 4.25 million and a median price per square foot (PSF) of RM 238.

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 4.25 million, with most transactions falling within a stable range of RM 3.04 million to RM 5.46 million, and a typical market range of RM 3.41 million to RM 5.09 million.

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

Price per square foot shows a median of RM 238, though individual units vary from RM 178 to RM 298 in the core range. The broader market spans RM 199.50 to RM 276.50, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. 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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Transactions

7 transactions grouped by size

6,000 sqft
Semi-D Factory
RM 1,600,000
JALAN IKS SPG AMPAT
5,996 sqft · RM 267 PSF
17,600 sqft
Detached Factory
RM 4,200,000
JALAN IKS SMPG EMPAT M
17,599 sqft · RM 239 PSF
17,850 sqft
Detached Factory
RM 4,300,000
JALAN IKS SIMPANG EMPAT
17,847 sqft · RM 241 PSF
RM 4,250,000
JALAN IKS SIMPANG EMPAT
17,847 sqft · RM 238 PSF
19,000 sqft
Detached Factory
RM 3,888,000
JALAN IKS SMPG EMPAT (PHASE 2)
19,009 sqft · RM 205 PSF
33,550 sqft
Detached Factory
RM 6,000,000
LORONG IKS SIMPANG AMPAT 1
33,530 sqft · RM 179 PSF
62,350 sqft
Detached Factory
RM 4,600,000
OFF JALAN SIMPANG AMPAT/SUNGAI BAKAP
62,347 sqft · RM 74 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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