Area Intelligence

IJM

12 properties
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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

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IJM, Seberang Perai Tengah, Penang

OSM

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Transactions

12 properties found

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