INDUSTRI BERINGIN JURU in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 2.62 million and a median price per square foot (PSF) of RM 290.
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 2.62 million, with most transactions falling within a stable range of RM 2.12 million to RM 2.88 million, and a typical market range of RM 2.10 million to RM 2.88 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 290, with core pricing between RM 235 and RM 345. Market pricing typically extends from RM 268.50 to RM 311.50, reflecting moderate variation in unit pricing. The spread of RM 43.00 (IQR) and deviation of RM 55 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.