Industri Permatang Tinggi
Jalan Industri Permatang Batu, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Jalan Industri Permatang Batu, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Pala 3
|
RM 2,000,000
|
RM 176
|
11,367 sqft
|
|
Factory |
|
Lorong Industrial Ringan Pmtg Tinggi 4
|
RM 1,580,000
|
RM 345
|
4,585 sqft
|
|
Semi-D Factory |
|
Jalan Pala 12
|
RM 873,000
|
RM 239
|
3,660 sqft
|
|
Semi-D Factory |
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Market Snapshot
CommercialRM 1,580,000
RM 239 psfMedian transaction price
Jalan Industri Permatang Batu, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsIndustri Permatang Tinggi in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.58 million and a median price per square foot (PSF) of RM 239.
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 1.58 million, with most transactions falling within a stable range of RM 1.11 million to RM 2.00 million, and a typical market range of RM 1.06 million to RM 2.00 million.
Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.
Price per square foot shows a median of RM 239, though individual units vary from RM 169 to RM 308 in the core range. The broader market spans RM 208.79 to RM 268.29, indicating diverse property characteristics. A wider spread (IQR: RM 59.50) and deviation (MAD: RM 70) indicate significant PSF variations, likely due to diverse property types or conditions.
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.