Taman Perindustrian Baru Sungai Lokan

Taman Chai Leng, 13700 Perai, Penang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM948,000
PSF
RM336
Period
transactions middle 50% (P25–P75)
2,750 sqft
Terrace Factory
RM980,000
Lorong. Perusahaan Sungai. Lokan 2/1
2,756 sqft · RM356 PSF
RM948,000
Lorong. Perusahaan Sungai. Lokan 2
2,756 sqft · RM344 PSF
RM800,000
Lorong Perusahaan Sungai Lokan 2/2
2,756 sqft · RM290 PSF
RM775,000
Lorong Perusahaan Sungai Lokan 2
2,756 sqft · RM281 PSF
3,550 sqft
Terrace Factory
RM1,200,000
Lorong Per. Sungai Lokan 3
3,574 sqft · RM336 PSF
Legend Recent Highest Price Highest PSF

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Taman Perindustrian Baru Sungai Lokan in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM948K and a median price per square foot (PSF) of RM336.

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 RM948K, with most transactions falling within a stable range of RM800K to RM1.10 million, and a typical market range of RM858K to RM1.04 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM336, with most transactions between RM310 and RM362. The usual range is RM297.79 to RM373.79, showing that most units are priced quite close to each other. With an IQR of RM76.00 and MAD of RM26, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.