TAMAN ASAS JAYA(INDUSTRIAL RINGAN)

TAMAN ASAS JAYA(INDUSTRIAL RINGAN) in Seberang Perai Tengah, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 528K and a median price per square foot (PSF) of RM 377.

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 528K, with most transactions falling within a stable range of RM 441K to RM 615K, and a typical market range of RM 435K to RM 638K.

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

The median PSF stands at RM 377, with core pricing between RM 315 and RM 439. Market pricing typically extends from RM 328.00 to RM 426.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 62 (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.