Area Intelligence

TMN INDUSTRI CENGAL

1 properties
2022
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Median Price
RM 680,000
PSF: RM 569

Commercial Market

Median Price

RM 680,000

IQR: RM 35
MAD: RM 20
RM 569 PSF 9.0%

PSF Trends (2021-2025)

TMN INDUSTRI CENGAL in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 680K and a median price per square foot (PSF) of RM 569.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 569, with most transactions between RM 569 and RM 569. The usual range is RM 551.38 to RM 586.63, 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 0 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.

Area Location

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TMN INDUSTRI CENGAL, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

1,200 sqft
1 units Terraced Factory
RM 680,000
JALAN CENGAL 1
1,195 sqft · RM 569.00 PSF
Jan 2022