Area Intelligence

INDUSTRI RINGAN VALDOR

7 properties
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Median Price
RM 500,000
PSF: RM 304

Commercial Market

Median Price

RM 500,000

IQR: RM 43
MAD: RM 15
RM 304 PSF 25.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

INDUSTRI RINGAN VALDOR in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 304.

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 500K, with most transactions falling within a stable range of RM 475K to RM 525K, and a typical market range of RM 476K to RM 524K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 304, with most transactions between RM 289 and RM 319. The usual range is RM 282.50 to RM 325.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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INDUSTRI RINGAN VALDOR, Seberang Perai Selatan, Penang

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Transactions

7 properties grouped by size

1,650 sqft
6 units Terraced Factory
RM 430,000
JLN. BESAR VALDOR
1,647 sqft · RM 261.00 PSF
Jul 2023
RM 525,000
JALAN NAFIRI
1,647 sqft · RM 319.00 PSF
Jun 2023
RM 525,000
JLN. NAFIRI
1,647 sqft · RM 319.00 PSF
Jun 2023
RM 500,000
JALAN NAFIRI
1,647 sqft · RM 304.00 PSF
Jul 2022
RM 500,000
JLN. NAFIRI
1,647 sqft · RM 304.00 PSF
Jul 2022
RM 455,000
JLN. SUNGAI BAKAP
1,647 sqft · RM 276.00 PSF
Jun 2022
6,500 sqft
1 units Semi-D Factory
RM 1,100,000
LORONG NAFIRI 4
6,501 sqft · RM 169.00 PSF
May 2024