TAMAN INDUSTRI
3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia
3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Sungai Lokan 3/3
|
RM 800,000
|
RM 323
|
2,476 sqft
|
|
Terrace Factory |
|
Lorong Per. Sungai Lokan 3/3
|
RM 900,000
|
RM 332
|
2,713 sqft
|
|
Terrace Factory |
|
Jalan Perusahaan Sungai Lokan 3
|
RM 1,100,000
|
RM 298
|
3,692 sqft
|
|
Terrace Factory |
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Market Snapshot
CommercialRM 900,000
RM 323 psfMedian transaction price
TAMAN INDUSTRI, 3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia
MapsTAMAN INDUSTRI 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 323.
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 804K to RM 996K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 323, with most transactions between RM 309 and RM 338. The usual range is RM 286.39 to RM 359.89, showing that most units are priced quite close to each other. With an IQR of RM 73.50 and MAD of RM 14, 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.