INDUSTRI RINGAN VALDOR

INDUSTRI RINGAN VALDOR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 319.

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 525K, with most transactions falling within a stable range of RM 480K to RM 525K, and a typical market range of RM 501K to RM 525K.

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

For price per square foot, the median is RM 319, with most transactions between RM 292 and RM 346. The usual range is RM 297.50 to RM 340.50, 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 27 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.