SIRAM INDUSTRIAL PARK

Area Intelligence

Median Price

RM 3,000,000

PSF: RM 390

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Commercial PSF Trends

Median Price

RM 3,000,000

RM 390 PSF

SIRAM INDUSTRIAL PARK in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 390.

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 3.00 million, with most transactions falling within a stable range of RM 2.48 million to RM 3.52 million, and a typical market range of RM 2.45 million to RM 3.55 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 390, with most transactions between RM 352 and RM 428. The usual range is RM 320.50 to RM 459.50, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 38, 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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SIRAM INDUSTRIAL PARK, Seberang Perai Utara, Penang

OSM

Track location

Transactions

5 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 2,250,000

TINGKAT SIRAM DUA

5,780 sqft • RM 389.00 PSF

Feb 2023

RM 3,850,000

JALAN SIRAM

8,460 sqft • RM 455.00 PSF

May 2022

RM 3,200,000

JALAN SIRAM

7,556 sqft • RM 423.00 PSF

Mar 2022

RM 3,000,000

JALAN SIRAM

8,816 sqft • RM 340.00 PSF

Jan 2022

RM 2,900,000

JALAN SIRAM

7,438 sqft • RM 390.00 PSF

Dec 2021

Road	Price	Land PSF	Land	Date	Type
TINGKAT SIRAM DUA	RM 2,250,000	RM 389.00	5,780 sqft	Feb 2023	Semi-D Factory
JALAN SIRAM	RM 3,850,000	RM 455.00	8,460 sqft	May 2022	Semi-D Factory
JALAN SIRAM	RM 3,200,000	RM 423.00	7,556 sqft	Mar 2022	Semi-D Factory
JALAN SIRAM	RM 3,000,000	RM 340.00	8,816 sqft	Jan 2022	Semi-D Factory
JALAN SIRAM	RM 2,900,000	RM 390.00	7,438 sqft	Dec 2021	Semi-D Factory