Penang Science Park North

Plot 8A, Lorong PSPN 1, 14100 Simpang Ampat, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM35,400,000
PSF
RM241
Period
transactions middle 50% (P25–P75)
53,150 sqft
Factory
RM12,800,000
Penang Science Park
53,131 sqft · RM241 PSF
435,950 sqft
Factory
RM58,000,000
Lorong Perindustrian Bkt Minyak 20
435,938 sqft · RM133 PSF
Legend Recent Highest Price Highest PSF

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Penang Science Park North, Plot 8A, Lorong PSPN 1, 14100 Simpang Ampat, Penang, Malaysia

Maps

Penang Science Park North in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM35.40 million and a median price per square foot (PSF) of RM241.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM35.40 million, with most transactions falling within a stable range of RM12.80 million to RM58.00 million, and a typical market range of RM24.10 million to RM46.70 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM241, though individual units vary from RM187 to RM295 in the core range. The broader market spans RM213.92 to RM267.92, indicating diverse property characteristics. The spread of RM54.00 (IQR) and deviation of RM54 (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.