Area Intelligence

INDUSTRI PERMATANG TINGGI

3 properties
2024
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Median Price
RM 1,580,000
PSF: RM 239

Commercial Market

Median Price

RM 1,580,000

IQR: RM 53
MAD: RM 33
RM 239 PSF 16.8%

PSF Trends (2021-2025)

INDUSTRI 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 1.03 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 309 in the core range. The broader market spans RM 209.00 to RM 269.00, indicating diverse property characteristics. A wider spread (IQR: RM 60.00) 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.

Area Location

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INDUSTRI PERMATANG TINGGI, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

3,650 sqft
1 units Semi-D Factory
RM 873,000
JALAN PALA 12
3,660 sqft · RM 239.00 PSF
Mar 2024
4,600 sqft
1 units Semi-D Factory
RM 1,580,000
LRG IND RINGAN PMTG TINGGI 4
4,585 sqft · RM 345.00 PSF
May 2024
11,350 sqft
1 units Detached Factory
RM 2,000,000
LORONG PALA 3
11,367 sqft · RM 176.00 PSF
May 2024