Penang
Seberang Perai Tengah
13
INDUSTRI BUKIT MINYAK(PDC)

INDUSTRI BUKIT MINYAK(PDC)

Area Intelligence

2023

Median Price

RM 550,000

PSF: RM 212

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Commercial PSF Trends

Median Price

RM 550,000

RM 212 PSF

INDUSTRI BUKIT MINYAK(PDC) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 212.

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

For price per square foot, the median is RM 212, with most transactions between RM 212 and RM 212. The usual range is RM 174.50 to RM 249.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 0, 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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