TAMAN INDUSTRI MACHANG INDAH

Area Intelligence
6 subsale transactions
2024
Favorite WhatsApp
Median Price
RM 457,500
PSF: RM 123

Commercial PSF Trends

Median Price

RM 457,500

RM 123 PSF

TAMAN INDUSTRI MACHANG INDAH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 458K and a median price per square foot (PSF) of RM 123.

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 458K, with most transactions falling within a stable range of RM 380K to RM 595K, and a typical market range of RM 388K to RM 528K.

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

The median PSF stands at RM 123, with core pricing between RM 110 and RM 136. Market pricing typically extends from RM 109.88 to RM 136.13, reflecting moderate variation in unit pricing. With an IQR of RM 26.25 and MAD of RM 13, 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.

Loading map...

TAMAN INDUSTRI MACHANG INDAH, Seberang Perai Tengah, Penang

OSM

Transactions

6 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
3,050 sqft
Terraced Factory
RM 380,000
LORONG MACHANG INDAH 6
3,057 sqft · RM 124.00 PSF
May 2024
RM 415,000
LORONG MACHANG INDAH 4
3,057 sqft · RM 136.00 PSF
Mar 2024
4,100 sqft
Terraced Factory
RM 500,000
LORONG MACHANG INDAH 12
4,090 sqft · RM 122.00 PSF
Sep 2024
RM 380,000
LORONG MACHANG INDAH 12
4,090 sqft · RM 93.00 PSF
Apr 2024
5,800 sqft
Terraced Factory
RM 660,000
LORONG MACHANG INDAH 6
5,791 sqft · RM 114.00 PSF
Jun 2024
RM 730,000
LORONG MACHANG INDAH 6
5,791 sqft · RM 126.00 PSF
May 2024