Penang
Seberang Perai Tengah
6
SAGA JAYA (INDUSTRI)

SAGA JAYA (INDUSTRI)

Area Intelligence

2023

Median Price

RM 3,450,000

PSF: RM 257

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Commercial PSF Trends

Median Price

RM 3,450,000

RM 257 PSF

SAGA JAYA (INDUSTRI) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 3.45 million and a median price per square foot (PSF) of RM 257.

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 3.45 million, with most transactions falling within a stable range of RM 3.30 million to RM 3.60 million, and a typical market range of RM 3.30 million to RM 3.60 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 257, with most transactions between RM 235 and RM 279. The usual range is RM 236.50 to RM 277.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 22 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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SAGA JAYA (INDUSTRI), Seberang Perai Tengah, Penang

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