Area Intelligence

INDUSTRI BERINGIN JURU

1 properties
2023
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Median Price
RM 2,750,000
PSF: RM 288

Commercial Market

Median Price

RM 2,750,000

IQR: RM 43
MAD: RM 28
RM 288 PSF 3.2%

PSF Trends (2021-2025)

INDUSTRI BERINGIN JURU in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 2.75 million and a median price per square foot (PSF) of RM 288.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 288, with most transactions between RM 288 and RM 288. The usual range is RM 266.50 to RM 309.50, 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 0 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

1 properties grouped by size

9,550 sqft
1 units Semi-D Factory
RM 2,750,000
JLN INDUSTRI BERINGIN
9,537 sqft · RM 288.00 PSF
Dec 2023