INDUSTRI PERMATANG TINGGI

INDUSTRI PERMATANG TINGGI in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 2.40 million and a median price per square foot (PSF) of RM 216.

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 2.40 million, with most transactions falling within a stable range of RM 1.72 million to RM 3.00 million, and a typical market range of RM 1.85 million to RM 2.95 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 216, with core pricing between RM 191 and RM 241. Market pricing typically extends from RM 186.00 to RM 246.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 25, 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.