TAMAN INDUSTRI

3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 2,950,000
PSF
RM 425
Price Size
6,950 sqft
Terrace Factory
RM 3,600,000
Jalan Industri Gerbang Oren
6,943 sqft · RM 519 PSF
RM 2,800,000
Jalan Industri Gerbang Oren
6,943 sqft · RM 403 PSF
RM 2,950,000
Jalan Industri Gerbang Oren
6,943 sqft · RM 425 PSF
Legend Recent Highest Price Highest PSF

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TAMAN INDUSTRI, 3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia

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TAMAN INDUSTRI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 2.95 million and a median price per square foot (PSF) of RM 425.

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 2.95 million, with most transactions falling within a stable range of RM 2.80 million to RM 3.30 million, and a typical market range of RM 2.80 million to RM 3.12 million.

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

The median PSF stands at RM 425, with core pricing between RM 375 and RM 475. Market pricing typically extends from RM 385.54 to RM 464.29, reflecting moderate variation in unit pricing. With an IQR of RM 78.75 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

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.