Prime Industrial Park Juru(Lot 698)

Park, Juru, 14100 Simpang Ampat, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM1,540,000
PSF
RM275
Price Size
Period
transactions middle 50% (P25–P75)
5,300 sqft
Semi-D Factory
RM1,600,000
Lorong Industri Ringan 1
5,285 sqft · RM303 PSF
6,000 sqft
Semi-D Factory
RM1,480,000
Lorong Iks Juru 3
5,996 sqft · RM247 PSF
Legend Recent Highest Price Highest PSF

Selling in Prime Industrial Park Juru(Lot 698)? Homes here sold for a median of RM1,540,000.

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Market Snapshot

Commercial

RM1,540,000

RM275 psf

Median transaction price

Prime Industrial Park Juru(Lot 698)
© OpenStreetMap · CARTO

Park, Juru, 14100 Simpang Ampat, Penang, Malaysia

Maps

Prime Industrial Park Juru(Lot 698) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM1.54 million and a median price per square foot (PSF) of RM275.

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 RM1.54 million, with most transactions falling within a stable range of RM1.48 million to RM1.60 million, and a typical market range of RM1.48 million to RM1.60 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM275, with core pricing between RM247 and RM303. Market pricing typically extends from RM250.05 to RM299.55, reflecting moderate variation in unit pricing. With an IQR of RM49.50 and MAD of RM28, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.