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 |
|---|
|
Jalan Usahajaya
|
RM 600,000
|
RM 330
|
1,819 sqft
|
|
|
|
Jalan Usahajaya
|
RM 606,000
|
RM 333
|
1,819 sqft
|
|
|
|
Lorong Binajaya 5
|
RM 550,000
|
RM 302
|
1,819 sqft
|
|
|
|
Jalan Usahajaya
|
RM 928,000
|
RM 510
|
1,819 sqft
|
|
|
|
Jalan Usahajaya
|
RM 600,000
|
RM 330
|
1,819 sqft
|
|
|
Jalan Usahajaya
|
RM 498,000
|
RM 211
|
2,357 sqft
|
|
|
Jalan Usahajaya
|
RM 1,800,000
|
RM 272
|
6,620 sqft
|
|
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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 7 subsale transactions in 2023, 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 498K to RM 1.03 million, 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 245 to RM 415 in the core range. The broader market spans RM 280.83 to RM 378.83, indicating diverse property characteristics. A wider spread (IQR: RM 98.00) and deviation (MAD: RM 85) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.