Penang
Seberang Perai Utara
16
TAMAN INDUSTRI SUNGAI LOKAN

TAMAN INDUSTRI SUNGAI LOKAN

Area Intelligence

2023

Median Price

RM 3,250,000

PSF: RM 361

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Commercial PSF Trends

Median Price

RM 3,250,000

RM 361 PSF

TAMAN INDUSTRI SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 3.25 million and a median price per square foot (PSF) of RM 361.

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 3.25 million, with most transactions falling within a stable range of RM 2.10 million to RM 3.37 million, and a typical market range of RM 3.12 million to RM 3.37 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 361, with core pricing between RM 316 and RM 406. Market pricing typically extends from RM 331.50 to RM 390.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 45, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDUSTRI SUNGAI LOKAN, Seberang Perai Utara, Penang

OSM

Track location

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)

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)

Clear

RM 3,370,000

JALAN SUNGAI LOKAN

9,408 sqft • RM 358.00 PSF

Oct 2023

RM 870,000

LORONG. SUNGAI. LOKAN 3/5

1,916 sqft • RM 454.00 PSF

May 2023

RM 3,250,000

LORONG INDUSTRI SUNGAI LOKAN 1

9,009 sqft • RM 361.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
JALAN SUNGAI LOKAN	RM 3,370,000	RM 358.00	9,408 sqft	Oct 2023	Semi-D Factory
LORONG. SUNGAI. LOKAN 3/5	RM 870,000	RM 454.00	1,916 sqft	May 2023	Terraced Factory
LORONG INDUSTRI SUNGAI LOKAN 1	RM 3,250,000	RM 361.00	9,009 sqft	Jan 2023	Semi-D Factory