TAMAN INDUSTRI SOUTHTECH

TAMAN INDUSTRI SOUTHTECH in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 418.

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 800K, with most transactions falling within a stable range of RM 800K to RM 817K, and a typical market range of RM 800K to RM 840K.

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

For price per square foot, the median is RM 418, with most transactions between RM 381 and RM 455. The usual range is RM 382.00 to RM 454.00, 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.