Penang
Seberang Perai Tengah
17
TAMAN INDUSTRI MACHANG INDAH

TAMAN INDUSTRI MACHANG INDAH

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 118

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Commercial PSF Trends

Median Price

RM 360,000

RM 118 PSF

TAMAN INDUSTRI MACHANG INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 118.

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 360K, with most transactions falling within a stable range of RM 346K to RM 374K, and a typical market range of RM 340K to RM 380K.

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

For price per square foot, the median is RM 118, with most transactions between RM 108 and RM 129. The usual range is RM 104.88 to RM 131.13, 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 11 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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Transactions

4 transactions grouped by size

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)

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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

Custom Range

Min Size (sqft)

Max Size (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