Area Intelligence

TMN ASAS JAYA(IND RINGAN)

12 properties
2022
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Median Price
RM 600,000
PSF: RM 335

Commercial Market

Median Price

RM 600,000

IQR: RM 98
MAD: RM 54
RM 335 PSF 9.4%

PSF Trends (2021-2025)

TMN ASAS JAYA(IND RINGAN) in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 335.

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 600K, with most transactions falling within a stable range of RM 435K to RM 1.06 million, and a typical market range of RM 490K to RM 710K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 335, though individual units vary from RM 257 to RM 412 in the core range. The broader market spans RM 285.50 to RM 383.50, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 78 (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.

Area Location

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TMN ASAS JAYA(IND RINGAN), Seberang Perai Tengah, Penang

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Transactions

12 properties found

Semi-D Factory LORONG ASAS JAYA 21
RM 1,700,000
7,384 sqft Aug 2022
RM 230.00 PSF
Semi-D Factory LORONG ASAS JAYA 21
RM 1,800,000
8,116 sqft Aug 2022
RM 222.00 PSF
Terraced Factory LORONG ASAS JAYA 7
RM 485,000
1,399 sqft Aug 2022
RM 347.00 PSF
Terraced Factory LORONG ASAS JAYA 7
RM 720,000
2,551 sqft Aug 2022
RM 282.00 PSF
Terraced Factory JALAN BUKIT MINYAK
RM 650,000
1,399 sqft Jul 2022
RM 465.00 PSF
Terraced Factory LORONG ASASJAYA 5
RM 435,000
1,195 sqft Jul 2022
RM 364.00 PSF
Terraced Factory JALAN BUKIT MINYAK
RM 650,000
1,399 sqft Jun 2022
RM 465.00 PSF
Terraced Factory LRG ASAS JAYA 2
RM 435,000
1,399 sqft Feb 2022
RM 311.00 PSF
Terraced Factory JALAN BUKIT MINYAK
RM 600,000
1,453 sqft Jan 2022
RM 413.00 PSF
Terraced Factory JALAN BUKIT MINYAK
RM 600,000
1,464 sqft Jan 2022
RM 410.00 PSF
Terraced Factory LORONG ASAS JAYA 6
RM 450,000
1,399 sqft Jan 2022
RM 322.00 PSF
Terraced Factory LRG IND RINGAN ASAS JAYA 2
RM 450,000
1,399 sqft Jan 2022
RM 322.00 PSF