Area Intelligence

IJM

2 properties
Detached Factory
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Median Price
RM 6,493,500
PSF: RM 228

Commercial Market

Median Price

RM 6,493,500

IQR: RM 69
MAD: RM 42
RM 228 PSF 0.9%

PSF Trends (2021-2025)

IJM in Seberang Perai Tengah, Penang recorded 2 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, 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.

Within the Detached Factory category, semi-detached factory/warehouse dominated the market, 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.

Area Location

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IJM, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

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