TAMAN INDUSTRI RINGAN MKDV

TAMAN INDUSTRI RINGAN MKDV in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 660K and a median price per square foot (PSF) of RM 383.

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 660K, with most transactions falling within a stable range of RM 627K to RM 690K, and a typical market range of RM 600K to RM 690K.

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

The median PSF stands at RM 383, with core pricing between RM 318 and RM 449. Market pricing typically extends from RM 334.00 to RM 432.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 66 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.