INDUSTRI RINGAN TERAS JAYA

INDUSTRI RINGAN TERAS JAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.12 million and a median price per square foot (PSF) of RM 578.

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 1.12 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.34 million, and a typical market range of RM 1.05 million to RM 1.35 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 578, with core pricing between RM 470 and RM 686. Market pricing typically extends from RM 551.38 to RM 604.63, reflecting moderate variation in unit pricing. The spread of RM 53.25 (IQR) and deviation of RM 108 (MAD) suggest moderate price variations reflecting different property features.

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.