Area Intelligence

TMN IKS SPG EMPAT

14 properties
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Median Price
RM 3,894,000
PSF: RM 219

Commercial Market

Median Price

RM 1,550,000

IQR: RM 20
MAD: RM 20
RM 247 PSF 17.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN IKS SPG EMPAT in Seberang Perai Selatan, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 3.89 million and a median price per square foot (PSF) of RM 219.

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 3.89 million, with most transactions falling within a stable range of RM 3.34 million to RM 4.45 million, and a typical market range of RM 3.05 million to RM 4.74 million.

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

The median PSF stands at RM 219, with core pricing between RM 188 and RM 250. Market pricing typically extends from RM 180.00 to RM 257.00, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN IKS SPG EMPAT, Seberang Perai Selatan, Penang

OSM

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Transactions

14 properties grouped by size

6,000 sqft
1 units Semi-D Factory
RM 1,600,000
JLN IKS SPG AMPAT
5,996 sqft · RM 267.00 PSF
Sep 2023
6,600 sqft
1 units Semi-D Factory
RM 1,500,000
JLN IKS SPG AMPAT
6,598 sqft · RM 227.00 PSF
Jun 2022
14,100 sqft
3 units Detached Factory
RM 3,900,000
LENGKOK IKS SMPG EMPAT 1
14,079 sqft · RM 277.00 PSF
Apr 2024
RM 2,200,000
JLN IKS SMPG EMPAT 1
14,090 sqft · RM 156.00 PSF
Mar 2021
RM 2,200,000
LENGKOK IKS
14,090 sqft · RM 156.00 PSF
Mar 2021
17,600 sqft
1 units Detached Factory
RM 4,200,000
JLN IKS SMPG EMPAT M
17,599 sqft · RM 239.00 PSF
Dec 2023
17,850 sqft
2 units Detached Factory
RM 4,300,000
JALAN IKS SIMPANG EMPAT
17,847 sqft · RM 241.00 PSF
May 2023
RM 4,250,000
JALAN IKS SIMPANG EMPAT
17,847 sqft · RM 238.00 PSF
Apr 2023
18,200 sqft
1 units Detached Factory
RM 3,850,000
JLN IKS SIMPANG EMPAT
18,191 sqft · RM 212.00 PSF
Apr 2022
19,000 sqft
1 units Detached Factory
RM 3,888,000
JLN IKS SMPG EMPAT (PHASE 2)
19,009 sqft · RM 205.00 PSF
Dec 2023
24,400 sqft
1 units Detached Factory
RM 5,500,000
JALAN SIMPANG AMPAT/VALDOR
24,402 sqft · RM 225.00 PSF
Oct 2022
33,550 sqft
1 units Detached Factory
RM 6,000,000
LRG IKS SIMPANG AMPAT 1
33,530 sqft · RM 179.00 PSF
Oct 2023
56,350 sqft
1 units Detached Factory
RM 3,800,000
JLN SIMPANG AMPAT SG. BAKAP
56,328 sqft · RM 67.00 PSF
Nov 2022
62,350 sqft
1 units Detached Factory
RM 4,600,000
OFF JLN SIMPANG AMPAT/SG BAKAP
62,347 sqft · RM 74.00 PSF
Jan 2023