Penang
Seberang Perai Tengah
17
TAMAN INDUSTRI MACHANG INDAH

TAMAN INDUSTRI MACHANG INDAH

Area Intelligence

2022

Median Price

RM 390,000

PSF: RM 121

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Commercial PSF Trends

Median Price

RM 390,000

RM 121 PSF

TAMAN INDUSTRI MACHANG INDAH in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 390K and a median price per square foot (PSF) of RM 121.

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 121, with most transactions between RM 121 and RM 121. The usual range is RM 107.88 to RM 134.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDUSTRI MACHANG INDAH, Seberang Perai Tengah, Penang

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