UTARIA LIGHT INDUSTRIAL. PARK

UTARIA LIGHT INDUSTRIAL. PARK in Seberang Perai Tengah, Penang recorded 2 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, with a median price of RM 1.73 million and a median price per square foot (PSF) of RM 287.

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 1.73 million, with most transactions falling within a stable range of RM 1.55 million to RM 1.90 million, and a typical market range of RM 1.61 million to RM 1.85 million.

Within the Semi-D Factory category, terraced factory/warehouse dominated the market, though some variety exists in the market.

The median PSF stands at RM 287, with core pricing between RM 247 and RM 327. Market pricing typically extends from RM 237.25 to RM 336.75, reflecting moderate variation in unit pricing. With an IQR of RM 99.50 and MAD of RM 40, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.