Area Intelligence

INDUSTRI BERINGIN JURU

2 properties
2024
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Median Price
RM 2,965,000
PSF: RM 311

Commercial Market

Median Price

RM 2,965,000

IQR: RM 43
MAD: RM 28
RM 311 PSF 3.2%

PSF Trends (2021-2025)

INDUSTRI BERINGIN JURU in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 2.97 million and a median price per square foot (PSF) of RM 311.

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 2.97 million, with most transactions falling within a stable range of RM 2.88 million to RM 3.05 million, and a typical market range of RM 2.88 million to RM 3.05 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 311, with most transactions between RM 283 and RM 339. The usual range is RM 289.50 to RM 332.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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INDUSTRI BERINGIN JURU, Seberang Perai Tengah, Penang

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Transactions

2 properties found

Semi-D Factory JALAN INDUSTRI BERINGIN
RM 3,050,000
10,785 sqft Aug 2024
RM 283.00 PSF
Semi-D Factory JALAN INDUTRI RINGAN
RM 2,880,000
8,503 sqft Jul 2024
RM 339.00 PSF