Perindustrian Felton

Southwest District, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM3,647,500
PSF
RM509
Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
Industrial
RM410,000
Level 2
1,453 sqft · RM282 PSF
1,650 sqft
Industrial
RM495,000
Level 2
1,668 sqft · RM297 PSF
6,800 sqft
Semi-D Factory
RM6,800,000
Sungai Tiram
6,803 sqft · RM1,000 PSF
9,700 sqft
Terrace Factory
RM7,000,000
Jalan Sungai Tiram 2
9,709 sqft · RM721 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM3,647,500

RM509 psf

Median transaction price

Perindustrian Felton
© OpenStreetMap · CARTO

Southwest District, Penang, Malaysia

Maps

Perindustrian Felton in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM3.65 million and a median price per square foot (PSF) of RM509.

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 RM3.65 million, with most transactions falling within a stable range of RM423K to RM6.87 million, and a typical market range of RM1.91 million to RM5.39 million.

Most transactions involved industrial unit, with moderate diversity in property types available.

Price per square foot shows a median of RM509, though individual units vary from RM207 to RM811 in the core range. The broader market spans RM214.20 to RM803.45, indicating diverse property characteristics. A wider spread (IQR: RM589.25) and deviation (MAD: RM302) indicate significant PSF variations, likely due to diverse property types or conditions.

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.