| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Siram
|
RM 2,900,000
|
RM 390
|
7,438 sqft
|
|
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Market Snapshot
CommercialRM 2,900,000
RM 390 psfMedian transaction price
Park, E17 Lebuhraya Lingkaran Luar Butterworth, Bandar Seberang Jaya, 13700 Perai, Penang, Malaysia
MapsSiram Industrial Park in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 2.90 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.
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 390 and RM 390. The usual range is RM 320.40 to RM 459.40, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 0, 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.