Area Intelligence

TMN INDUSTRI RINGAN MKDV

16 properties
Terraced Factory
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Median Price
RM 575,000
PSF: RM 279

Commercial Market

Median Price

RM 575,000

IQR: RM 98
MAD: RM 43
RM 279 PSF 21.6%

PSF Trends (2021-2025)

TMN INDUSTRI RINGAN MKDV in Seberang Perai Tengah, Penang recorded 16 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 575K and a median price per square foot (PSF) of RM 279.

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 279, though individual units vary from RM 219 to RM 339 in the core range. The broader market spans RM 230.00 to RM 328.00, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 60 (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

16 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