Taman Industri Beringin
Taman Perindustrian Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Penang, Malaysia
Taman Perindustrian Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Beringin 2
|
RM 4,200,000
|
RM 400
|
10,506 sqft
|
|
|
|
Lorong Beringin 2
|
RM 3,900,000
|
RM 372
|
10,495 sqft
|
|
|
Lorong Beringin 2
|
RM 9,250,000
|
RM 330
|
28,040 sqft
|
|
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Taman Perindustrian Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Penang, Malaysia
MapsTaman Industri Beringin in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 4.20 million and a median price per square foot (PSF) of RM 372.
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 4.20 million, with most transactions falling within a stable range of RM 3.90 million to RM 6.65 million, and a typical market range of RM 3.90 million to RM 5.03 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 372, with most transactions between RM 343 and RM 400. The usual range is RM 348.24 to RM 394.99, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.75 and an average deviation (MAD) of RM 29 indicate a highly stable PSF trend across properties.
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.