UTARIA LIGHT IND. PARK Property Investment Analysis
UTARIA LIGHT IND. PARK in Seberang Perai Tengah, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 968K and a median price per square foot (PSF) of RM 395.
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 968K, with most transactions falling within a stable range of RM 833K to RM 1.10 million, and a typical market range of RM 848K to RM 1.09 million.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 395, with core pricing between RM 341 and RM 450. Market pricing typically extends from RM 345.25 to RM 444.75, reflecting moderate variation in unit pricing. With an IQR of RM 99.50 and MAD of RM 55, the PSF demonstrates reasonable consistency across the market.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Semi-Detached Factory/Warehouse |
JALAN IKS BUKIT TENGAH
|
RM 1,900,000
|
RM 327.00
|
5,802 sqft
|
Jul 2024
|
Terraced Factory/Warehouse |
JALAN IKS
|
RM 1,000,000
|
RM 462.00
|
2,164 sqft
|
Feb 2024
|
Terraced Factory/Warehouse |
JALAN IKS BUKIT TENGAH
|
RM 950,000
|
RM 441.00
|
2,153 sqft
|
Jun 2023
|
Terraced Factory/Warehouse |
JLN IKS
|
RM 800,000
|
RM 372.00
|
2,153 sqft
|
May 2023
|
Semi-Detached Factory/Warehouse |
JALAN IKS BUKIT TENGAH
|
RM 1,550,000
|
RM 247.00
|
6,265 sqft
|
Dec 2022
|
Terraced Factory/Warehouse |
LORONG IKS BUKIT TENGAH
|
RM 1,120,000
|
RM 428.00
|
2,616 sqft
|
Oct 2022
|
Terraced Factory/Warehouse |
JALAN BUKIT TENGAH
|
RM 800,000
|
RM 306.00
|
2,616 sqft
|
Jul 2022
|
Terraced Factory/Warehouse |
JALAN IKS
|
RM 850,000
|
RM 395.00
|
2,153 sqft
|
Feb 2022
|
Terraced Factory/Warehouse |
JALAN IKS BUKIT TENGAH
|
RM 850,000
|
RM 395.00
|
2,153 sqft
|
Feb 2022
|
Terraced Factory/Warehouse |
JALAN IKS
|
RM 985,000
|
RM 458.00
|
2,153 sqft
|
Nov 2021
|