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 12
|
RM 500,000
|
RM 228
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 6
|
RM 660,000
|
RM 301
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 6
|
RM 380,000
|
RM 173
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 6
|
RM 730,000
|
RM 332
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 12
|
RM 380,000
|
RM 173
|
2,196 sqft
|
|
|
|
Lorong Machang Indah 4
|
RM 415,000
|
RM 189
|
2,196 sqft
|
|
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Market Snapshot
CommercialRM 457,500
RM 208 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 2024, with a median price of RM 458K and a median price per square foot (PSF) of RM 208.
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 458K, with most transactions falling within a stable range of RM 380K to RM 595K, and a typical market range of RM 380K to RM 543K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 208, though individual units vary from RM 146 to RM 271 in the core range. The broader market spans RM 193.85 to RM 222.85, indicating diverse property characteristics. A wider spread (IQR: RM 29.00) and deviation (MAD: RM 63) 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.