INDUSTRI BUKIT MINYAK(PERDA)
Commercial Market
Median Price
RM 2,700,000
PSF Trends (2021-2025)
INDUSTRI BUKIT MINYAK(PERDA) in Seberang Perai Tengah, Penang recorded 2 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, with a median price of RM 2.70 million and a median price per square foot (PSF) of RM 258.
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 2.70 million, with most transactions falling within a stable range of RM 2.60 million to RM 2.80 million, and a typical market range of RM 2.60 million to RM 2.80 million.
Within the Semi-D Factory category, detached factory/warehouse dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 258, with most transactions between RM 251 and RM 265. The usual range is RM 202.25 to RM 313.75, showing that most units are priced quite close to each other. With an IQR of RM 111.50 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
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LORONG BUKIT MINYAK 1D
|
RM 2,600,000
|
RM 265.00
|
9,817 sqft
|
Jun 2024
|
LORONG IKS BUKIT MINYAK 1D
|
RM 2,800,000
|
RM 251.00
|
11,151 sqft
|
Jun 2024
|