TAMAN INDUSTRI SOUTHTECH

TAMAN INDUSTRI SOUTHTECH in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 950K and a median price per square foot (PSF) of RM 488.

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 950K, with most transactions falling within a stable range of RM 880K to RM 1.02 million, and a typical market range of RM 878K to RM 1.02 million.

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

For price per square foot, the median is RM 488, with most transactions between RM 441 and RM 536. The usual range is RM 452.00 to RM 524.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 48, 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.