KAWASAN JALAN SUNGAI PINANG

Area Intelligence
Detached Factory
Median Price
RM 2,322,500
PSF: RM 529

Commercial PSF Trends

Median Price

RM 2,322,500

RM 529 PSF

KAWASAN JALAN SUNGAI PINANG in Timur Laut, Penang recorded 2 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 2.32 million and a median price per square foot (PSF) of RM 529.

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 2.32 million, with most transactions falling within a stable range of RM 1.65 million to RM 3.00 million, and a typical market range of RM 1.65 million to RM 3.00 million.

Within the Detached Factory category, terraced factory/warehouse dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 529, though individual units vary from RM 398 to RM 660 in the core range. The broader market spans RM 392.00 to RM 666.00, indicating diverse property characteristics. The spread of RM 274.00 (IQR) and deviation of RM 131 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASAN JALAN SUNGAI PINANG, Timur Laut, Penang

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Transactions

2 transactions grouped by size

4,150 sqft
Detached Factory
RM 1,645,000
JALAN P. RAMLEE
4,133 sqft · RM 398 PSF
4,550 sqft
Detached Factory
RM 3,000,000
JALAN ONG JOO SOON
4,542 sqft · RM 660 PSF

No Properties For Sale

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

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