TMN IKS SPG EMPAT
Commercial Market
Median Price
RM 2,200,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached Factory
12 properties
Median Price
RM 3,875,000
+21.0% CAGR
Median PSF
RM 216.75
+21.1% CAGR
Semi-D Factory
2 properties
Median Price
RM 1,550,000
+6.7% CAGR
Median PSF
RM 247.00
+17.6% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Detached Factory | 12 |
RM 3,875,000
±213K MAD
|
+21.03% |
RM 216.75
±33 MAD
|
+21.09% | |
| Semi-D Factory | 2 |
RM 1,550,000
±50K MAD
|
+6.67% |
RM 247.00
±20 MAD
|
+17.62% |
TMN IKS SPG EMPAT in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 156.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 156, with most transactions between RM 156 and RM 156. The usual range is RM 117.50 to RM 194.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN IKS SMPG EMPAT 1
|
RM 2,200,000
|
RM 156.00
|
14,090 sqft
|
Mar 2021
|
|
|
LENGKOK IKS
|
RM 2,200,000
|
RM 156.00
|
14,090 sqft
|
Mar 2021
|