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 |
|---|
|
Lorong. Sungai. Lokan 3/5
|
RM 870,000
|
RM 316
|
2,756 sqft
|
|
|
Lorong Industri Sungai Lokan 1
|
RM 3,250,000
|
RM 361
|
9,009 sqft
|
|
|
Jalan Sungai Lokan
|
RM 3,370,000
|
RM 358
|
9,408 sqft
|
|
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Market Snapshot
CommercialRM 3,250,000
RM 358 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 3.25 million and a median price per square foot (PSF) of RM 358.
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 3.09 million to RM 3.37 million.
Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 358, with most transactions between RM 338 and RM 379. The usual range is RM 335.10 to RM 381.35, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.25 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.
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.