INDUSTRI RINGAN TERAS JAYA

INDUSTRI RINGAN TERAS JAYA in Seberang Perai Utara, Penang recorded 6 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 1.21 million and a median price per square foot (PSF) of RM 583.

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 1.21 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.65 million, and a typical market range of RM 1.05 million to RM 1.44 million.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, with minimal variety in property types.

The median PSF stands at RM 583, with core pricing between RM 483 and RM 682. Market pricing typically extends from RM 555.88 to RM 609.13, reflecting moderate variation in unit pricing. The spread of RM 53.25 (IQR) and deviation of RM 99 (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.