TAMAN INDUSTRI RINGAN MKDV

TAMAN INDUSTRI RINGAN MKDV in Seberang Perai Tengah, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 575K and a median price per square foot (PSF) of RM 334.

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 575K, with most transactions falling within a stable range of RM 482K to RM 668K, and a typical market range of RM 493K to RM 658K.

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

The median PSF stands at RM 334, with core pricing between RM 280 and RM 387. Market pricing typically extends from RM 284.50 to RM 382.50, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 54 (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.