Area Intelligence

KAW P'HAAN RINGAN JURU(1025 & 1026)

2 properties
Detached Factory
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Median Price
RM 4,020,000
PSF: RM 272

Commercial Market

Median Price

RM 4,020,000

IQR: RM 11
MAD: RM 7
RM 272 PSF 4.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAW P'HAAN RINGAN JURU(1025 & 1026) in Seberang Perai Tengah, Penang recorded 2 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 4.02 million and a median price per square foot (PSF) of RM 272.

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 4.02 million, with most transactions falling within a stable range of RM 2.80 million to RM 5.24 million, and a typical market range of RM 3.58 million to RM 4.47 million.

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

The median PSF stands at RM 272, with core pricing between RM 219 and RM 325. Market pricing typically extends from RM 263.00 to RM 281.00, reflecting moderate variation in unit pricing. The spread of RM 18.00 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.

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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KAW P'HAAN RINGAN JURU(1025 & 1026), Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

12,750 sqft
1 units Detached Factory
RM 2,800,000
LORONG INDUSTRI RINGAN 4
12,766 sqft · RM 219.00 PSF
Mar 2022
16,150 sqft
1 units Detached Factory
RM 5,240,000
LORONG INDUSTRI RINGAN 1
16,146 sqft · RM 325.00 PSF
Aug 2024