TAMAN INDUSTRI SOUTHTECH

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 830K to RM 970K, and a typical market range of RM 828K to RM 973K.

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

The median PSF stands at RM 408, with core pricing between RM 361 and RM 456. Market pricing typically extends from RM 372.00 to RM 444.00, reflecting moderate variation in unit pricing. 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.