Penang
Seberang Perai Tengah
13
INDUSTRI BERINGIN JURU

INDUSTRI BERINGIN JURU

Area Intelligence

2022

Median Price

RM 1,600,000

PSF: RM 292

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Commercial PSF Trends

Median Price

RM 1,600,000

RM 292 PSF

INDUSTRI 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 292.

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 292, with most transactions between RM 292 and RM 292. The usual range is RM 270.50 to RM 313.50, 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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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INDUSTRI BERINGIN JURU, Seberang Perai Tengah, Penang

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