J-WE INDUSTRIAL PARK (PEC. LOT 8900)
Commercial Market
Median Price
RM 2,952,500
PSF Trends (2021-2025)
J-WE INDUSTRIAL PARK (PEC. LOT 8900) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 2.95 million and a median price per square foot (PSF) of RM 201.
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 2.95 million, with most transactions falling within a stable range of RM 2.90 million to RM 3.12 million, and a typical market range of RM 2.90 million to RM 3.31 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 201, with most transactions between RM 193 and RM 209. The usual range is RM 173.25 to RM 228.75, showing that most units are priced quite close to each other. With an IQR of RM 55.50 and MAD of RM 8, 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.
Area Location
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J-WE INDUSTRIAL PARK (PEC. LOT 8900), Seberang Perai Tengah, Penang
OSMFilter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN INDUSTRI SERI JURU
|
RM 2,895,000
|
RM 212.00
|
13,659 sqft
|
Nov 2021
|
JALAN INDUSTRI SERI JURU
|
RM 2,975,000
|
RM 203.00
|
14,660 sqft
|
Nov 2021
|
JALAN INDUSTRI SERI JURU
|
RM 2,930,000
|
RM 189.00
|
15,511 sqft
|
Nov 2021
|
JALAN INDUSTRI SERI JURU
|
RM 3,313,000
|
RM 199.00
|
16,652 sqft
|
Nov 2021
|