TAMAN INDUSTRI RINGAN MKDV

TAMAN INDUSTRI RINGAN MKDV in Seberang Perai Tengah, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 276.

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 600K, with most transactions falling within a stable range of RM 510K to RM 690K, and a typical market range of RM 518K to RM 683K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 276, with core pricing between RM 233 and RM 319. Market pricing typically extends from RM 227.00 to RM 325.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 43 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.