| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Siram
|
RM 1,750,000
|
RM 466
|
3,757 sqft
|
|
|
|
Jalan Siram
|
RM 1,470,000
|
RM 391
|
3,757 sqft
|
|
|
Jalan Siram
|
RM 3,200,000
|
RM 423
|
7,556 sqft
|
|
|
Jalan Siram
|
RM 3,850,000
|
RM 455
|
8,460 sqft
|
|
|
Jalan Siram
|
RM 3,000,000
|
RM 340
|
8,816 sqft
|
|
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Market Snapshot
CommercialRM 3,000,000
RM 423 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 5 subsale transactions in 2022, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 423.
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 2.10 million to RM 3.85 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.
The median PSF stands at RM 423, with core pricing between RM 378 and RM 469. Market pricing typically extends from RM 353.99 to RM 492.99, reflecting moderate variation in unit pricing. With an IQR of RM 139.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.