TAMAN ASAS JAYA(INDUSTRIAL RINGAN)

TAMAN ASAS JAYA(INDUSTRIAL RINGAN) in Seberang Perai Tengah, Penang recorded 29 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 580K and a median price per square foot (PSF) of RM 400.

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 580K, with most transactions falling within a stable range of RM 484K to RM 676K, and a typical market range of RM 470K to RM 690K.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, though some variety exists in the market.

The median PSF stands at RM 400, with core pricing between RM 339 and RM 461. Market pricing typically extends from RM 351.00 to RM 449.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 61 (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. Moderate transaction volume may require patience when buying or selling.