Penang
Seberang Perai Selatan
15
TAMAN IKS SPG EMPAT

TAMAN IKS SPG EMPAT

Area Intelligence

2023

Median Price

RM 4,250,000

PSF: RM 238

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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 3.89 million to RM 4.94 million, and a typical market range of RM 3.89 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 179 to RM 297 in the core range. The broader market spans RM 199.50 to RM 276.50, indicating diverse property characteristics. The spread of RM 77.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

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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