IJM

Area Intelligence

Median Price

RM 6,493,500

PSF: RM 228

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Commercial PSF Trends

Median Price

RM 6,493,500

RM 228 PSF

IJM in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 6.49 million and a median price per square foot (PSF) of RM 228.

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 6.49 million, with most transactions falling within a stable range of RM 6.30 million to RM 6.69 million, and a typical market range of RM 6.30 million to RM 6.69 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 228, with most transactions between RM 214 and RM 241. The usual range is RM 189.00 to RM 266.00, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 14, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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IJM, Seberang Perai Tengah, Penang

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