Penang
Seberang Perai Utara
16
TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN

TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN

Area Intelligence

2022

Median Price

RM 775,000

PSF: RM 396

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Commercial PSF Trends

Median Price

RM 775,000

RM 396 PSF

TAMAN PERINDUSTRIAN BARU SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 775K and a median price per square foot (PSF) of RM 396.

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 775K, with most transactions falling within a stable range of RM 627K to RM 923K, and a typical market range of RM 685K to RM 865K.

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

For price per square foot, the median is RM 396, with most transactions between RM 370 and RM 422. The usual range is RM 358.00 to RM 434.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 26, 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 PERINDUSTRIAN BARU SUNGAI LOKAN, Seberang Perai Utara, Penang

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