INDUSTRI BUKIT MINYAK(PDC)

Area Intelligence
2024
Median Price
RM 14,350,000
PSF: RM 137

Commercial PSF Trends

Median Price

RM 14,350,000

RM 137 PSF

INDUSTRI BUKIT MINYAK(PDC) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 14.35 million and a median price per square foot (PSF) of RM 137.

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 14.35 million, with most transactions falling within a stable range of RM 8.10 million to RM 20.60 million, and a typical market range of RM 9.80 million to RM 18.90 million.

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

For price per square foot, the median is RM 137, with most transactions between RM 123 and RM 150. The usual range is RM 99.00 to RM 174.00, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

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.

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INDUSTRI BUKIT MINYAK(PDC), Seberang Perai Tengah, Penang

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Transactions

2 transactions found

RM 8,100,000
LORONG PERINDUSTRIAN BUKIT MINYAK 22
65,649 sqft RM 123.00 PSF
RM 20,600,000
LORONG PERINDUSTRIAN BUKIT MINYAK 11
137,294 sqft RM 150.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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