Area Intelligence

KAWASA PERUSAHAAN JURU(LOT 675 & 676)

3 properties
2022
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Median Price
RM 900,000
PSF: RM 375

Commercial Market

Median Price

RM 900,000

IQR: RM 20
MAD: RM 11
RM 375 PSF 1.9%

PSF Trends (2021-2025)

KAWASA PERUSAHAAN JURU(LOT 675 & 676) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 375.

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 900K, with most transactions falling within a stable range of RM 750K to RM 3.67 million, and a typical market range of RM 875K to RM 925K.

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

Price per square foot shows a median of RM 375, though individual units vary from RM 292 to RM 458 in the core range. The broader market spans RM 364.50 to RM 385.50, indicating diverse property characteristics. The spread of RM 21.00 (IQR) and deviation of RM 83 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASA PERUSAHAAN JURU(LOT 675 & 676), Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

2,000 sqft
1 units Terraced Factory
RM 750,000
LORONG IKS JURU 5
2,002 sqft · RM 375.00 PSF
Apr 2022
2,100 sqft
1 units Terraced Factory
RM 900,000
JALAN KEBUN BARU
2,099 sqft · RM 429.00 PSF
Nov 2022
28,900 sqft
1 units Detached Factory
RM 6,700,000
IKS JURU 4
28,880 sqft · RM 232.00 PSF
Apr 2022