SAGA JAYA (INDUSTRI) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 333.
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 800K, with most transactions falling within a stable range of RM 635K to RM 965K, and a typical market range of RM 643K to RM 958K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 333, with most transactions between RM 323 and RM 343. The usual range is RM 320.50 to RM 345.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
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.