Penang
Seberang Perai Utara
16
TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN

TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN

Area Intelligence

Median Price

RM 874,000

PSF: RM 446

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Commercial PSF Trends

Median Price

RM 874,000

RM 446 PSF

TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 874K and a median price per square foot (PSF) of RM 446.

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 874K, with most transactions falling within a stable range of RM 785K to RM 963K, and a typical market range of RM 784K to RM 964K.

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

The median PSF stands at RM 446, with core pricing between RM 400 and RM 492. Market pricing typically extends from RM 408.00 to RM 484.00, reflecting moderate variation in unit pricing. With an IQR of RM 76.00 and MAD of RM 46, 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.

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TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN, Seberang Perai Utara, Penang

OSM

Track location

Transactions

4 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 980,000

LORONG. PERUSAHAAN SUNGAI. LOKAN 2/1

1,959 sqft • RM 500.00 PSF

Nov 2023

RM 948,000

LORONG. PERUSAHAAN SUNGAI. LOKAN 2

1,959 sqft • RM 484.00 PSF

May 2023

RM 800,000

LORONG PERUSAHAAN SUNGAI LOKAN 2/2

1,959 sqft • RM 408.00 PSF

Apr 2023

RM 775,000

LORONG PERUSAHAAN SUNGAI LOKAN 2

1,959 sqft • RM 396.00 PSF

Apr 2022

Road	Price	Land PSF	Land	Date	Type
LORONG. PERUSAHAAN SUNGAI. LOKAN 2/1	RM 980,000	RM 500.00	1,959 sqft	Nov 2023	Terraced Factory
LORONG. PERUSAHAAN SUNGAI. LOKAN 2	RM 948,000	RM 484.00	1,959 sqft	May 2023	Terraced Factory
LORONG PERUSAHAAN SUNGAI LOKAN 2/2	RM 800,000	RM 408.00	1,959 sqft	Apr 2023	Terraced Factory
LORONG PERUSAHAAN SUNGAI LOKAN 2	RM 775,000	RM 396.00	1,959 sqft	Apr 2022	Terraced Factory