TAMAN INDUSTRI MACHANG INDAH

Area Intelligence
2023
Median Price
RM 575,000
PSF: RM 78

Commercial PSF Trends

Median Price

RM 575,000

RM 78 PSF

TAMAN INDUSTRI MACHANG INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 78.

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 575K, with most transactions falling within a stable range of RM 400K to RM 750K, and a typical market range of RM 505K to RM 645K.

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

The median PSF stands at RM 78, with core pricing between RM 69 and RM 87. Market pricing typically extends from RM 64.88 to RM 91.13, reflecting moderate variation in unit pricing. With an IQR of RM 26.25 and MAD of RM 9, 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.

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TAMAN INDUSTRI MACHANG INDAH, Seberang Perai Tengah, Penang

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Transactions

2 transactions grouped by size

5,800 sqft
Terraced Factory
RM 400,000
LORONG MACHANG INDAH 4
5,791 sqft · RM 69 PSF
8,600 sqft
Terraced Factory
RM 750,000
LORONG MACHANG INDAH 8
8,590 sqft · RM 87 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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