Penang
Seberang Perai Tengah
11
UTARIA LIGHT INDUSTRIAL. PARK

UTARIA LIGHT INDUSTRIAL. PARK

Area Intelligence

2024

Median Price

RM 1,900,000

PSF: RM 327

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Commercial PSF Trends

Median Price

RM 1,900,000

RM 327 PSF

UTARIA LIGHT INDUSTRIAL. PARK in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 1.90 million and a median price per square foot (PSF) of RM 327.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 327, with most transactions between RM 327 and RM 327. The usual range is RM 277.25 to RM 376.75, showing that most units are priced quite close to each other. With an IQR of RM 99.50 and MAD of RM 0, 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.

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UTARIA LIGHT INDUSTRIAL. PARK, Seberang Perai Tengah, Penang

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