Penang
Seberang Perai Tengah
17
TAMAN INDUSTRI MACHANG INDAH

TAMAN INDUSTRI MACHANG INDAH

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 115

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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 350K to RM 390K, and a typical market range of RM 340K to RM 400K.

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

Price per square foot shows a median of RM 115, though individual units vary from RM 92 to RM 138 in the core range. The broader market spans RM 101.38 to RM 127.63, indicating diverse property characteristics. The spread of RM 26.25 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

5 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

2,750 sqft

Terraced Factory

2,750 sqft

Terraced Factory

RM 380,000

LORONG MACHANG INDAH 4

2,734 sqft · RM 139 PSF

Jan 2023

LORONG MACHANG INDAH 4

RM 380,000

RM 139

2,734 sqft

Jan 2023

3,050 sqft

Terraced Factory

3,050 sqft

Terraced Factory

RM 360,000

LORONG MACHANG INDAH 6

3,057 sqft · RM 118 PSF

Oct 2023

RM 360,000

LORONG MACHANG INDAH 6

3,057 sqft · RM 118 PSF

Oct 2023

RM 340,000

LORONG MACHANG INDAH 6

3,057 sqft · RM 111 PSF

Oct 2023

LORONG MACHANG INDAH 6	RM 360,000	RM 118	3,057 sqft	Oct 2023
LORONG MACHANG INDAH 6	RM 360,000	RM 118	3,057 sqft	Oct 2023
LORONG MACHANG INDAH 6	RM 340,000	RM 111	3,057 sqft	Oct 2023