TAMAN INDUSTRI MACHANG INDAH

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. The median price is RM 390K, with most transactions falling within a stable range of RM 343K to RM 438K, and a typical market range of RM 320K to RM 460K.

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

The median PSF stands at RM 121, with core pricing between RM 108 and RM 135. Market pricing typically extends from RM 107.88 to RM 134.13, reflecting moderate variation in unit pricing. With an IQR of RM 26.25 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

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.