Area Intelligence

ECO INDUSTRIAL HUB

12 properties
2023
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Median Price
RM 2,633,000
PSF: RM 350

Commercial Market

Median Price

RM 2,633,000

IQR: RM 49
MAD: RM 26
RM 350 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ECO INDUSTRIAL HUB in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2023, with a median price of RM 2.63 million and a median price per square foot (PSF) of RM 350.

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 2.63 million, with most transactions falling within a stable range of RM 2.40 million to RM 2.87 million, and a typical market range of RM 2.47 million to RM 2.80 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 350, with core pricing between RM 305 and RM 395. Market pricing typically extends from RM 319.00 to RM 381.00, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 45, 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.

Area Location

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ECO INDUSTRIAL HUB, Seberang Perai Selatan, Penang

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Transactions

12 properties grouped by size

6,850 sqft
1 units Semi-D Factory
RM 2,080,000
JLN PERINDUSTRIAN VALDOR
6,867 sqft · RM 303.00 PSF
May 2023
6,900 sqft
1 units Semi-D Factory
RM 2,546,000
JLN PERINDUSTRIAN VALDOR
6,921 sqft · RM 368.00 PSF
Sep 2023
6,950 sqft
1 units Semi-D Factory
RM 2,532,000
JLN PERINDUSTRIAN VALDOR
6,943 sqft · RM 365.00 PSF
Jun 2023
7,000 sqft
3 units Semi-D Factory
RM 2,645,000
JLN PERINDUSTRIAN VALDOR
6,997 sqft · RM 378.00 PSF
Sep 2023
RM 2,651,000
JLN PERINDUSTRIAN VALDOR
6,975 sqft · RM 380.00 PSF
Aug 2023
RM 2,350,000
JLN PERINDUSTRIAN VALDOR
6,986 sqft · RM 336.00 PSF
Jan 2023
7,050 sqft
1 units Semi-D Factory
RM 2,660,000
JLN PERINDUSTRIAN VALDOR
7,029 sqft · RM 378.00 PSF
Aug 2023
7,700 sqft
1 units Semi-D Factory
RM 2,701,000
JLN PERINDUSTRIAN VALDOR
7,718 sqft · RM 350.00 PSF
Sep 2023
7,950 sqft
1 units Semi-D Factory
RM 2,780,000
JLN PERINDUSTRIAN VALDOR
7,944 sqft · RM 350.00 PSF
Aug 2023
8,050 sqft
1 units Semi-D Factory
RM 2,329,000
JLN PERINDUSTRIAN VALDOR
8,073 sqft · RM 288.00 PSF
Mar 2023
9,100 sqft
1 units Semi-D Factory
RM 2,621,000
JLN PERINDUSTRIAN VALDOR
9,085 sqft · RM 289.00 PSF
Mar 2023
13,300 sqft
1 units Detached Factory
RM 3,050,000
JLN PERINDUSTRIAN VALDOR
13,283 sqft · RM 230.00 PSF
May 2023