Taman Industri Machang Indah
Taman Industrial Permatang Batu, Jalan Permatang Batu, 14000 Bukit Mertajam, Penang, Malaysia
Taman Industrial Permatang Batu, Jalan Permatang Batu, 14000 Bukit Mertajam, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Machang Indah 4
|
RM 400,000
|
RM 182
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 6
|
RM 360,000
|
RM 164
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 6
|
RM 360,000
|
RM 164
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 6
|
RM 340,000
|
RM 155
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 8
|
RM 750,000
|
RM 342
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 4
|
RM 380,000
|
RM 173
|
2,196 sqft
|
|
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Market Snapshot
CommercialRM 370,000
RM 169 psfMedian transaction price
Taman Industrial Permatang Batu, Jalan Permatang Batu, 14000 Bukit Mertajam, Penang, Malaysia
MapsTaman 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 169.
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 340K to RM 514K, and a typical market range of RM 340K to RM 455K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 169, though individual units vary from RM 103 to RM 234 in the core range. The broader market spans RM 154.00 to RM 183.00, indicating diverse property characteristics. A wider spread (IQR: RM 29.00) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.