| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Saga Jaya 6
|
RM 3,350,000
|
RM 310
|
10,807 sqft
|
|
|
Jalan Saga Jaya 1
|
RM 7,238,000
|
RM 260
|
27,879 sqft
|
|
|
Jalan Saga Jaya 1
|
RM 7,500,000
|
RM 185
|
40,483 sqft
|
|
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Market Snapshot
CommercialRM 7,238,000
RM 260 psfMedian transaction price
Taman Perindustrian Saga Jaya, 13600 Perai, Pulau Pinang, Malaysia
MapsTaman Perindustrian Saga Jaya in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 7.24 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 7.24 million, with most transactions falling within a stable range of RM 5.34 million to RM 7.50 million, and a typical market range of RM 5.95 million to RM 7.50 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 208 and RM 311. Market pricing typically extends from RM 235.63 to RM 283.63, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 51 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.