IJM

Area Intelligence

Median Price

RM 1,019,000

PSF: RM 367

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Commercial PSF Trends

Median Price

RM 1,019,000

RM 367 PSF

IJM in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.02 million and a median price per square foot (PSF) of RM 367.

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 1.02 million, with most transactions falling within a stable range of RM 838K to RM 1.20 million, and a typical market range of RM 838K to RM 1.20 million.

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

For price per square foot, the median is RM 367, with most transactions between RM 349 and RM 384. The usual range is RM 328.00 to RM 405.00, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 18, 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

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