Area Intelligence

TMN INDUSTRI RINGAN MKDV

1 properties
2021
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Median Price
RM 538,000
PSF: RM 213

Commercial Market

Median Price

RM 538,000

IQR: RM 98
MAD: RM 43
RM 213 PSF 21.6%

PSF Trends (2021-2025)

TMN 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 213.

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 213, with most transactions between RM 213 and RM 213. The usual range is RM 164.00 to RM 262.00, 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.

Area Location

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TMN INDUSTRI RINGAN MKDV, Seberang Perai Tengah, Penang

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Transactions

1 properties found

Terraced Factory LORONG BINAJAYA 5
RM 538,000
2,530 sqft Oct 2021
RM 213.00 PSF