Penang Science Park North
Plot 8A, Lorong PSPN 1, 14100 Simpang Ampat, Penang, Malaysia
Plot 8A, Lorong PSPN 1, 14100 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Penang Science Park
|
RM 12,800,000
|
RM 241
|
53,131 sqft
|
|
|
Lorong Perindustrian Bkt Minyak 20
|
RM 58,000,000
|
RM 133
|
435,938 sqft
|
|
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Penang Science Park North, Plot 8A, Lorong PSPN 1, 14100 Simpang Ampat, Penang, Malaysia
MapsPenang Science Park North in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 35.40 million and a median price per square foot (PSF) of RM 241.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 35.40 million, with most transactions falling within a stable range of RM 12.80 million to RM 58.00 million, and a typical market range of RM 24.10 million to RM 46.70 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 241, though individual units vary from RM 187 to RM 295 in the core range. The broader market spans RM 213.92 to RM 267.92, indicating diverse property characteristics. The spread of RM 54.00 (IQR) and deviation of RM 54 (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.