Penang
Seberang Perai Utara
14
KAW INDUSTRI MAK MANDIN

KAW INDUSTRI MAK MANDIN

Area Intelligence

2022

Median Price

RM 3,550,000

PSF: RM 304

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Commercial PSF Trends

Median Price

RM 3,550,000

RM 304 PSF

KAW INDUSTRI MAK MANDIN in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 3.55 million and a median price per square foot (PSF) of RM 304.

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 3.55 million, with most transactions falling within a stable range of RM 3.00 million to RM 4.10 million, and a typical market range of RM 3.00 million to RM 4.10 million.

Most transactions involved terraced factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 304, with most transactions between RM 294 and RM 313. The usual range is RM 224.63 to RM 382.38, showing that most units are priced quite close to each other. With an IQR of RM 157.75 and MAD of RM 10, 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.

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KAW INDUSTRI MAK MANDIN, Seberang Perai Utara, Penang

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