Taman Industri Ringan Mkdv

Taman Industri Ringan, 14000 Simpang Ampat, Penang, Malaysia

Property Transactions

16 subsales grouped by size

Median
RM 575,000
PSF
RM 305
Price Size
1,800 sqft
Terrace Factory
RM 690,000
Jalan Usahajaya
1,819 sqft · RM 379 PSF
RM 670,000
Lorong Binajaya 5
1,819 sqft · RM 368 PSF
RM 650,000
Jalan Usahajaya
1,819 sqft · RM 357 PSF
RM 600,000
Jalan Usahajaya
1,819 sqft · RM 330 PSF
RM 606,000
Jalan Usahajaya
1,819 sqft · RM 333 PSF
RM 550,000
Lorong Binajaya 5
1,819 sqft · RM 302 PSF
+7 more
1,950 sqft
Terrace Factory
RM 600,000
Lorong Binajaya 7
1,948 sqft · RM 308 PSF
2,350 sqft
Terrace Factory
RM 498,000
Jalan Usahajaya
2,357 sqft · RM 211 PSF
2,650 sqft
Terrace Factory
RM 538,000
Lorong Binajaya 5
2,669 sqft · RM 202 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 575,000

RM 305 psf

Median transaction price

Taman Industri Ringan Mkdv
© OpenStreetMap · CARTO

Taman Industri Ringan, 14000 Simpang Ampat, Penang, Malaysia

Maps

Taman Industri Ringan Mkdv in Seberang Perai Tengah, Penang recorded 16 Terraced Factory properties subsale transactions between 2021 and 2026, with a median price of RM 575K and a median price per square foot (PSF) of RM 305.

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 452K to RM 698K, and a typical market range of RM 493K to RM 658K.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 305, though individual units vary from RM 229 to RM 381 in the core range. The broader market spans RM 256.16 to RM 354.16, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 76 (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.