Area Intelligence

TMN IKS SPG EMPAT

2 properties
Semi-D Factory
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Median Price
RM 1,550,000
PSF: RM 247

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 2 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 247.

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 1.55 million, with most transactions falling within a stable range of RM 1.50 million to RM 1.60 million, and a typical market range of RM 1.50 million to RM 1.60 million.

Within the Semi-D Factory category, detached factory/warehouse dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 247, with most transactions between RM 227 and RM 267. The usual range is RM 208.50 to RM 285.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 20, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN IKS SPG EMPAT, Seberang Perai Selatan, Penang

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Transactions

2 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