Area Intelligence

IJM

12 properties
Favorite WhatsApp
Median Price
RM 1,855,000
PSF: RM 281

Commercial Market

Median Price

RM 1,815,000

IQR: RM 69
MAD: RM 42
RM 293 PSF 0.9%

PSF Trends (2021-2025)

IJM in Seberang Perai Tengah, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 1.86 million and a median price per square foot (PSF) of RM 281.

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 1.86 million, with most transactions falling within a stable range of RM 1.43 million to RM 2.28 million, and a typical market range of RM 1.47 million to RM 2.24 million.

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

The median PSF stands at RM 281, with core pricing between RM 236 and RM 325. Market pricing typically extends from RM 242.00 to RM 319.00, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

Loading map...

IJM, Seberang Perai Tengah, Penang

OSM

Filter by type, year, price, and size

Transactions

12 properties grouped by size

2,400 sqft
1 units Terraced Factory
RM 838,000
LRG IKS JURU 5
2,400 sqft · RM 349.00 PSF
Jul 2023
3,100 sqft
1 units Terraced Factory
RM 1,200,000
JALAN KEBUN BARU
3,122 sqft · RM 384.00 PSF
Aug 2022
6,000 sqft
3 units Semi-D Factory
RM 1,980,000
LRG IKS JURU 3
5,996 sqft · RM 330.00 PSF
Oct 2024
RM 1,830,000
LRG. IKS JURU 3
5,996 sqft · RM 305.00 PSF
Oct 2023
RM 1,480,000
LRG IKS JURU 3
5,996 sqft · RM 247.00 PSF
Jul 2022
6,500 sqft
2 units Semi-D Factory
RM 1,380,000
LORONG IKS JURU 7
6,501 sqft · RM 212.00 PSF
Dec 2023
RM 1,800,000
LORONG IKS JURU 11
6,501 sqft · RM 277.00 PSF
Aug 2022
6,600 sqft
1 units Semi-D Factory
RM 1,880,000
LORONG INDUSTRI RINGAN 1
6,609 sqft · RM 284.00 PSF
Jul 2024
9,200 sqft
1 units Semi-D Factory
RM 1,930,000
LORONG IKS JURU 8
9,203 sqft · RM 210.00 PSF
Sep 2024
9,800 sqft
1 units Semi-D Factory
RM 2,950,000
LORONG INDUSTRI RINGAN 5
9,795 sqft · RM 301.00 PSF
Oct 2022
26,150 sqft
1 units Detached Factory
RM 6,300,000
JALAN IKS JURU JAYA
26,156 sqft · RM 241.00 PSF
Jan 2022
31,300 sqft
1 units Detached Factory
RM 6,687,000
JALAN IKS JURU
31,301 sqft · RM 214.00 PSF
Nov 2022