Penang
Seberang Perai Tengah
17
TAMAN INDUSTRI MACHANG INDAH

TAMAN INDUSTRI MACHANG INDAH

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 115

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 370,000

RM 115 PSF

TAMAN INDUSTRI MACHANG INDAH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 115.

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 370K, with most transactions falling within a stable range of RM 340K to RM 514K, and a typical market range of RM 340K to RM 440K.

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

The median PSF stands at RM 115, with core pricing between RM 92 and RM 137. Market pricing typically extends from RM 101.38 to RM 127.63, reflecting moderate variation in unit pricing. The spread of RM 26.25 (IQR) and deviation of RM 23 (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.

Loading map...

TAMAN INDUSTRI MACHANG INDAH, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 400,000

LORONG MACHANG INDAH 4

5,791 sqft • RM 69.00 PSF

Dec 2023

RM 360,000

LORONG MACHANG INDAH 6

3,057 sqft • RM 118.00 PSF

Oct 2023

RM 360,000

LORONG MACHANG INDAH 6

3,057 sqft • RM 118.00 PSF

Oct 2023

RM 340,000

LORONG MACHANG INDAH 6

3,057 sqft • RM 111.00 PSF

Oct 2023

RM 750,000

LORONG MACHANG INDAH 8

8,590 sqft • RM 87.00 PSF

Sep 2023

RM 380,000

LORONG MACHANG INDAH 4

2,734 sqft • RM 139.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
LORONG MACHANG INDAH 4	RM 400,000	RM 69.00	5,791 sqft	Dec 2023	Terraced Factory
LORONG MACHANG INDAH 6	RM 360,000	RM 118.00	3,057 sqft	Oct 2023	Terraced Factory
LORONG MACHANG INDAH 6	RM 360,000	RM 118.00	3,057 sqft	Oct 2023	Terraced Factory
LORONG MACHANG INDAH 6	RM 340,000	RM 111.00	3,057 sqft	Oct 2023	Terraced Factory
LORONG MACHANG INDAH 8	RM 750,000	RM 87.00	8,590 sqft	Sep 2023	Terraced Factory
LORONG MACHANG INDAH 4	RM 380,000	RM 139.00	2,734 sqft	Jan 2023	Terraced Factory