Area Intelligence

TAMAN INDUSTRI BERINGIN

1 properties
2023
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Median Price
RM 9,250,000
PSF: RM 330

Commercial Market

Median Price

RM 9,250,000

IQR: RM 20
MAD: RM 20
RM 330 PSF 5.7%

PSF Trends (2021-2025)

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.

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 330 and RM 330. The usual range is RM 319.50 to RM 340.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.00 and an average deviation (MAD) of RM 0 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN INDUSTRI BERINGIN, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

28,050 sqft
1 units Detached Factory
RM 9,250,000
LORONG BERINGIN 2
28,040 sqft · RM 330.00 PSF
Oct 2023