Taman Industri Ringan Mkdv
Taman Industri Ringan, 14000 Simpang Ampat, Penang, Malaysia
Taman Industri Ringan, 14000 Simpang Ampat, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Usahajaya
|
RM 690,000
|
RM 379
|
1,819 sqft
|
|
Terrace Factory |
|
Lorong Binajaya 5
|
RM 670,000
|
RM 368
|
1,819 sqft
|
|
Terrace Factory |
|
Jalan Usahajaya
|
RM 650,000
|
RM 357
|
1,819 sqft
|
|
Terrace Factory |
| 2023 | |||||
|
Jalan Usahajaya
|
RM 600,000
|
RM 330
|
1,819 sqft
|
|
Terrace Factory |
|
Jalan Usahajaya
|
RM 606,000
|
RM 333
|
1,819 sqft
|
|
Terrace Factory |
|
Lorong Binajaya 5
|
RM 550,000
|
RM 302
|
1,819 sqft
|
|
Terrace Factory |
|
Jalan Usahajaya
|
RM 928,000
|
RM 510
|
1,819 sqft
|
|
Terrace Factory |
|
Jalan Usahajaya
|
RM 600,000
|
RM 330
|
1,819 sqft
|
|
Terrace Factory |
| 2022 | |||||
|
Lorong Binajaya 13
|
RM 430,000
|
RM 236
|
1,819 sqft
|
|
Terrace Factory |
|
Lorong Binajaya 13
|
RM 420,000
|
RM 231
|
1,819 sqft
|
|
Terrace Factory |
|
Lorong Binajaya 5
|
RM 475,000
|
RM 261
|
1,819 sqft
|
|
Terrace Factory |
|
Lorong Binajaya 13
|
RM 450,000
|
RM 247
|
1,819 sqft
|
|
Terrace Factory |
|
Jalan Usahajaya
|
RM 485,000
|
RM 267
|
1,819 sqft
|
|
Terrace Factory |
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Market Snapshot
CommercialRM 600,000
RM 330 psfMedian transaction price
Taman Industri Ringan, 14000 Simpang Ampat, Penang, Malaysia
MapsTaman Industri Ringan Mkdv in Seberang Perai Tengah, Penang recorded 13 subsale transactions between 2021 and 2026, sized between 1,775 and 1,824 sqft, with a median price of RM 600K and a median price per square foot (PSF) of RM 330.
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 466K to RM 734K, and a typical market range of RM 518K to RM 683K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 330, though individual units vary from RM 256 to RM 404 in the core range. The broader market spans RM 280.83 to RM 378.83, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 74 (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.