Penang
Seberang Perai Tengah
13
TAMAN INDUSTRI BERINGIN

TAMAN INDUSTRI BERINGIN

Area Intelligence

2023

Median Price

RM 9,250,000

PSF: RM 330

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Commercial PSF Trends

Median Price

RM 9,250,000

RM 330 PSF

TAMAN INDUSTRI BERINGIN in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 9.25 million and a median price per square foot (PSF) of RM 330.

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 9.25 million, with most transactions falling within a stable range of RM 8.90 million to RM 9.60 million, and a typical market range of RM 8.42 million to RM 10.08 million.

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

For price per square foot, the median is RM 330, with most transactions between RM 309 and RM 351. The usual range is RM 306.63 to RM 353.38, 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 21 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDUSTRI BERINGIN, Seberang Perai Tengah, Penang

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