Penang
Seberang Perai Utara
16
TAMAN INDUSTRI SOUTHTECH

TAMAN INDUSTRI SOUTHTECH

Area Intelligence

2023

Median Price

RM 900,000

PSF: RM 408

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Commercial PSF Trends

Median Price

RM 900,000

RM 408 PSF

TAMAN INDUSTRI SOUTHTECH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 900K and a median price per square foot (PSF) of RM 408.

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 900K, with most transactions falling within a stable range of RM 800K to RM 1.02 million, and a typical market range of RM 828K to RM 973K.

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

For price per square foot, the median is RM 408, with most transactions between RM 392 and RM 424. The usual range is RM 372.00 to RM 444.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 16, 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.

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TAMAN INDUSTRI SOUTHTECH, Seberang Perai Utara, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 800,000

LORONG SUNGAI LOKAN 3/3

1,916 sqft • RM 418.00 PSF

Nov 2023

RM 900,000

LORONG PER. SUNGAI LOKAN 3/3

2,207 sqft • RM 408.00 PSF

Aug 2023

RM 1,100,000

JALAN PERUSAHAAN SUNGAI LOKAN 3

2,895 sqft • RM 380.00 PSF

Jul 2023

Road	Price	Land PSF	Land	Date	Type
LORONG SUNGAI LOKAN 3/3	RM 800,000	RM 418.00	1,916 sqft	Nov 2023	Terraced Factory
LORONG PER. SUNGAI LOKAN 3/3	RM 900,000	RM 408.00	2,207 sqft	Aug 2023	Terraced Factory
JALAN PERUSAHAAN SUNGAI LOKAN 3	RM 1,100,000	RM 380.00	2,895 sqft	Jul 2023	Terraced Factory