Area Intelligence

TMN INDUSTRI RINGAN MKDV

17 properties
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Median Price
RM 600,000
PSF: RM 276

Commercial Market

Median Price

RM 600,000

IQR: RM 98
MAD: RM 43
RM 276 PSF 21.6%

PSF Trends (2021-2025)

TMN INDUSTRI RINGAN MKDV in Seberang Perai Tengah, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 276.

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 510K to RM 690K, and a typical market range of RM 518K to RM 683K.

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

The median PSF stands at RM 276, with core pricing between RM 233 and RM 319. Market pricing typically extends from RM 227.00 to RM 325.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 43 (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.

Area Location

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TMN INDUSTRI RINGAN MKDV, Seberang Perai Tengah, Penang

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Transactions

17 properties grouped by size

1,700 sqft
12 units (showing 6) Terraced Factory
RM 690,000
JALAN USAHAJAYA
1,722 sqft · RM 401.00 PSF
Oct 2024
RM 670,000
LORONG BINAJAYA 5
1,722 sqft · RM 389.00 PSF
Sep 2024
RM 650,000
JALAN USAHAJAYA
1,722 sqft · RM 377.00 PSF
Aug 2024
RM 600,000
JALAN USAHAJAYA
1,722 sqft · RM 348.00 PSF
Sep 2023
RM 606,000
JALAN USAHAJAYA
1,722 sqft · RM 352.00 PSF
Sep 2023
RM 550,000
LORONG BINAJAYA 5
1,722 sqft · RM 319.00 PSF
Sep 2023
2,250 sqft
1 units Terraced Factory
RM 498,000
JALAN USAHAJAYA
2,250 sqft · RM 221.00 PSF
Feb 2023
2,500 sqft
1 units Terraced Factory
RM 600,000
LORONG BINAJAYA 7
2,508 sqft · RM 239.00 PSF
Mar 2024
2,550 sqft
1 units Terraced Factory
RM 538,000
LORONG BINAJAYA 5
2,530 sqft · RM 213.00 PSF
Oct 2021
3,400 sqft
1 units Terraced Factory
RM 928,000
JALAN USAHAJAYA
3,391 sqft · RM 274.00 PSF
Aug 2023
6,600 sqft
1 units Semi-D Factory
RM 1,800,000
JALAN USAHAJAYA
6,620 sqft · RM 272.00 PSF
Jun 2023