Penang
Seberang Perai Tengah
13
TAMAN INDUSTRI BERINGIN

TAMAN INDUSTRI BERINGIN

Area Intelligence

2022

Median Price

RM 3,500,000

PSF: RM 333

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Commercial PSF Trends

Median Price

RM 3,500,000

RM 333 PSF

TAMAN INDUSTRI BERINGIN in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 3.50 million and a median price per square foot (PSF) of RM 333.

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

For price per square foot, the median is RM 333, with most transactions between RM 333 and RM 333. The usual range is RM 309.63 to RM 356.38, 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 0 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDUSTRI BERINGIN, Seberang Perai Tengah, Penang

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