ORANGE INDUSTRIAL PARK

Area Intelligence
2024
Median Price
RM 3,273,000
PSF: RM 342

Commercial PSF Trends

Median Price

RM 3,273,000

RM 342 PSF

ORANGE INDUSTRIAL PARK in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2024, with a median price of RM 3.27 million and a median price per square foot (PSF) of RM 342.

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 3.27 million, with most transactions falling within a stable range of RM 3.02 million to RM 3.53 million, and a typical market range of RM 3.12 million to RM 3.43 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 342, with most transactions between RM 322 and RM 362. The usual range is RM 322.75 to RM 361.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 20 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. 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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ORANGE INDUSTRIAL PARK, Seberang Perai Utara, Penang

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Transactions

9 transactions found

RM 3,700,000
JALAN LIMBUNGAN
11,840 sqft RM 312.00 PSF
RM 3,329,000
JALAN LIMBUNGAN
9,235 sqft RM 360.00 PSF
RM 3,013,000
JALAN LIMBUNGAN
9,440 sqft RM 319.00 PSF
RM 2,749,000
JALAN LIMBUNGAN
8,030 sqft RM 342.00 PSF
RM 3,273,000
JALAN LIMBUNGAN
9,235 sqft RM 354.00 PSF
RM 3,200,000
JALAN LIMBUNGAN
9,074 sqft RM 353.00 PSF
RM 3,200,000
JALAN LIMBUNGAN
9,074 sqft RM 353.00 PSF
RM 3,490,000
JALAN LIMBUNGAN
11,679 sqft RM 299.00 PSF
RM 3,328,000
ORANGE INDUSTRIAL PARK
10,000 sqft RM 333.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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