Area Intelligence

IJM

8 properties
Semi-D Factory
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Median Price
RM 1,855,000
PSF: RM 281

Commercial Market

Median Price

RM 1,855,000

IQR: RM 69
MAD: RM 42
RM 281 PSF 0.9%

PSF Trends (2021-2025)

IJM in Seberang Perai Tengah, Penang recorded 8 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, 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 1.41 million to RM 2.30 million, and a typical market range of RM 1.47 million to RM 2.24 million.

Within the Semi-D Factory category, semi-detached factory/warehouse dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 281, with core pricing between RM 239 and RM 322. Market pricing typically extends from RM 242.00 to RM 319.00, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 41, 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.

Area Location

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IJM, Seberang Perai Tengah, Penang

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Transactions

8 properties grouped by size

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