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 |
|---|
|
Lorong Binajaya 5
|
RM 538,000
|
RM 202
|
2,669 sqft
|
|
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Market Snapshot
CommercialRM 538,000
RM 202 psfMedian transaction price
Taman Industri Ringan, 14000 Simpang Ampat, Penang, Malaysia
MapsTaman Industri Ringan Mkdv in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 538K and a median price per square foot (PSF) of RM 202.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 202, with most transactions between RM 202 and RM 202. The usual range is RM 152.54 to RM 250.54, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.