| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Saga Jaya 5
|
RM 3,300,000
|
RM 313
|
10,559 sqft
|
|
|
Lorong Saga Jaya 5
|
RM 3,150,000
|
RM 291
|
10,828 sqft
|
|
|
Lorong Saga Jaya 6
|
RM 2,600,000
|
RM 165
|
15,748 sqft
|
|
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Market Snapshot
CommercialRM 3,150,000
RM 291 psfMedian transaction price
Jalan Saga Jaya, 13600 Perai, Pulau Pinang, Malaysia
MapsSaga Jaya (Industri) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 3.15 million and a median price per square foot (PSF) of RM 291.
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 3.15 million, with most transactions falling within a stable range of RM 2.85 million to RM 3.30 million, and a typical market range of RM 3.00 million to RM 3.30 million.
Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 291, though individual units vary from RM 226 to RM 356 in the core range. The broader market spans RM 270.40 to RM 311.40, indicating diverse property characteristics. The spread of RM 41.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.
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.