LIST

Penang, Seberang Perai Utara, Butterworth

SIRAM INDUSTRIAL PARK

Area Intelligence
2022
Median Price
RM 3,000,000
PSF: RM 455
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Commercial PSF Trends

Median Price

RM 3,000,000

RM 455 PSF

SIRAM INDUSTRIAL PARK in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 455.

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 2.86 million to RM 1.75 million, and a typical market range of RM 2.45 million to RM 1.75 million.

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

The median PSF stands at RM 455, with core pricing between RM 393 and RM 517. Market pricing typically extends from RM 385.50 to RM 524.50, reflecting moderate variation in unit pricing. With an IQR of RM 139.00 and MAD of RM 62, 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

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
2,400 sqft
Terraced Factory
RM 1,750,000
JALAN SIRAM
2,411 sqft · RM 726 PSF
2,450 sqft
Terraced Factory
RM 1,470,000
JALAN SIRAM
2,443 sqft · RM 602 PSF
7,550 sqft
Semi-D Factory
RM 3,200,000
JALAN SIRAM
7,556 sqft · RM 423 PSF
8,450 sqft
Semi-D Factory
RM 3,850,000
JALAN SIRAM
8,460 sqft · RM 455 PSF
8,800 sqft
Semi-D Factory
RM 3,000,000
JALAN SIRAM
8,816 sqft · RM 340 PSF

No Properties For Sale

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

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