Penang
Seberang Perai Utara
16
TAMAN INDUSTRI SOUTHTECH

TAMAN INDUSTRI SOUTHTECH

Area Intelligence

2024

Median Price

RM 950,000

PSF: RM 488

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Commercial PSF Trends

Median Price

RM 950,000

RM 488 PSF

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 910K to RM 1.07 million, and a typical market range of RM 910K 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 451 and RM 525. 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 37, 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

OSM

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Transactions

5 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)

Clear

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 1,200,000

LORONG SUNGAI LOKAN 3/2

2,088 sqft • RM 575.00 PSF

Oct 2024

RM 910,000

LORONG SUNGAI LOKAN 3/3

1,916 sqft • RM 475.00 PSF

Jul 2024

RM 950,000

LORONG SUNGAI LOKAN 3/1

1,938 sqft • RM 490.00 PSF

Apr 2024

RM 930,000

LORONG SUNGAI LOKAN 3/3

1,916 sqft • RM 485.00 PSF

Feb 2024

RM 1,150,000

LORONG SUNGAI. LOKAN 3/3

2,357 sqft • RM 488.00 PSF

Jan 2024

Road	Price	Land PSF	Land	Date	Type
LORONG SUNGAI LOKAN 3/2	RM 1,200,000	RM 575.00	2,088 sqft	Oct 2024	Terraced Factory
LORONG SUNGAI LOKAN 3/3	RM 910,000	RM 475.00	1,916 sqft	Jul 2024	Terraced Factory
LORONG SUNGAI LOKAN 3/1	RM 950,000	RM 490.00	1,938 sqft	Apr 2024	Terraced Factory
LORONG SUNGAI LOKAN 3/3	RM 930,000	RM 485.00	1,916 sqft	Feb 2024	Terraced Factory
LORONG SUNGAI. LOKAN 3/3	RM 1,150,000	RM 488.00	2,357 sqft	Jan 2024	Terraced Factory