UTARIA LIGHT INDUSTRIAL. PARK

UTARIA LIGHT INDUSTRIAL. PARK in Seberang Perai Tengah, Penang recorded 8 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 900K and a median price per square foot (PSF) of RM 412.

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 900K, with most transactions falling within a stable range of RM 800K to RM 1.01 million, and a typical market range of RM 800K to RM 1.02 million.

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

The median PSF stands at RM 412, with core pricing between RM 363 and RM 460. Market pricing typically extends from RM 361.75 to RM 461.25, reflecting moderate variation in unit pricing. With an IQR of RM 99.50 and MAD of RM 49, 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.