Industri Beringin Juru
13, Jalan Industri Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Pulau Pinang, Malaysia
13, Jalan Industri Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Industri Beringin
|
RM 2,480,000
|
RM 292
|
8,503 sqft
|
|
Semi-D Factory |
|
Jalan Juru
|
RM 700,000
|
RM 271
|
2,583 sqft
|
|
Terrace Factory |
|
Jalan Industri Beringin
|
RM 1,600,000
|
RM 188
|
8,493 sqft
|
|
Semi-D Factory |
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Market Snapshot
CommercialRM 1,600,000
RM 271 psfMedian transaction price
13, Jalan Industri Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsIndustri Beringin Juru in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 271.
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 1.60 million, with most transactions falling within a stable range of RM 873K to RM 2.33 million, and a typical market range of RM 1.09 million to RM 2.11 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 271, with core pricing between RM 226 and RM 316. Market pricing typically extends from RM 249.47 to RM 292.47, reflecting moderate variation in unit pricing. The spread of RM 43.00 (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.