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Market Snapshot
CommercialRM 3,300,000
RM 294 psfMedian transaction price
Taman Perindustrian Saga Jaya, 13600 Perai, Pulau Pinang, Malaysia
MapsTaman Perindustrian Saga Jaya in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 3.35 million and a median price per square foot (PSF) of RM 260.
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 3.35 million, with most transactions falling within a stable range of RM 3.10 million to RM 3.60 million, and a typical market range of RM 2.06 million to RM 4.64 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 260, with core pricing between RM 226 and RM 294. Market pricing typically extends from RM 236.00 to RM 284.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.
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.