IJM

Area Intelligence
2022
Median Price
RM 2,375,000
PSF: RM 262

Commercial PSF Trends

Median Price

RM 2,375,000

RM 262 PSF

IJM in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 2.38 million and a median price per square foot (PSF) of RM 262.

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 2.38 million, with most transactions falling within a stable range of RM 2.95 million to RM 4.05 million, and a typical market range of RM 2.95 million to RM 2.76 million.

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

The median PSF stands at RM 262, with core pricing between RM 226 and RM 298. Market pricing typically extends from RM 223.50 to RM 300.50, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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IJM, Seberang Perai Tengah, Penang

OSM

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Transactions

6 transactions grouped by size

3,100 sqft
Terraced Factory
RM 1,200,000
JALAN KEBUN BARU
3,122 sqft · RM 384 PSF
6,000 sqft
Semi-D Factory
RM 1,480,000
LORONG IKS JURU 3
5,996 sqft · RM 247 PSF
6,500 sqft
Semi-D Factory
RM 1,800,000
LORONG IKS JURU 11
6,501 sqft · RM 277 PSF
9,800 sqft
Semi-D Factory
RM 2,950,000
LORONG INDUSTRI RINGAN 5
9,795 sqft · RM 301 PSF
26,150 sqft
Detached Factory
RM 6,300,000
JALAN IKS JURU JAYA
26,156 sqft · RM 241 PSF
31,300 sqft
Detached Factory
RM 6,687,000
JALAN IKS JURU
31,301 sqft · RM 214 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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