TAMAN INDUSTRI CENGAL

TAMAN INDUSTRI CENGAL in Seberang Perai Utara, Penang recorded 5 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 780K and a median price per square foot (PSF) of RM 563.

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 780K, with most transactions falling within a stable range of RM 729K to RM 830K, and a typical market range of RM 733K to RM 828K.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 563, with most transactions between RM 526 and RM 600. The usual range is RM 545.38 to RM 580.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.25 and an average deviation (MAD) of RM 37 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.