Penang
Seberang Perai Utara
16
TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN

TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN

Area Intelligence

2023

Median Price

RM 964,000

PSF: RM 453

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Commercial PSF Trends

Median Price

RM 964,000

RM 453 PSF

TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 964K and a median price per square foot (PSF) of RM 453.

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 964K, with most transactions falling within a stable range of RM 886K to RM 980K, and a typical market range of RM 874K to RM 980K.

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

For price per square foot, the median is RM 453, with most transactions between RM 413 and RM 493. The usual range is RM 415.00 to RM 491.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 40, 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

3 transactions grouped by size

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)

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Road	Price	Land PSF	Land	Date	Type

1,950 sqft

Terraced Factory

1,950 sqft

Terraced Factory

RM 980,000

LORONG. PERUSAHAAN SUNGAI. LOKAN 2/1

1,959 sqft · RM 500 PSF

Nov 2023

RM 948,000

LORONG. PERUSAHAAN SUNGAI. LOKAN 2

1,959 sqft · RM 484 PSF

May 2023

RM 800,000

LORONG PERUSAHAAN SUNGAI LOKAN 2/2

1,959 sqft · RM 408 PSF

Apr 2023

LORONG. PERUSAHAAN SUNGAI. LOKAN 2/1	RM 980,000	RM 500	1,959 sqft	Nov 2023
LORONG. PERUSAHAAN SUNGAI. LOKAN 2	RM 948,000	RM 484	1,959 sqft	May 2023
LORONG PERUSAHAAN SUNGAI LOKAN 2/2	RM 800,000	RM 408	1,959 sqft	Apr 2023