Taman Industri Beringin

Taman Perindustrian Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM4,050,000
PSF
RM372
Period
transactions middle 50% (P25–P75)
10,500 sqft
Semi-D Factory
RM4,200,000
Lorong Beringin 2
10,506 sqft · RM400 PSF
RM3,900,000
Lorong Beringin 2
10,495 sqft · RM372 PSF
RM3,500,000
Lorong Beringin 2
10,495 sqft · RM333 PSF
28,050 sqft
Factory
RM9,250,000
Lorong Beringin 2
28,040 sqft · RM330 PSF
Legend Recent Highest Price Highest PSF

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Taman Perindustrian Beringin, Taman Perindustrian Beringin, 14100 Simpang Ampat, Penang, Malaysia

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Taman Industri Beringin in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM4.05 million and a median price per square foot (PSF) of RM372.

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 RM4.05 million, with most transactions falling within a stable range of RM3.70 million to RM4.40 million, and a typical market range of RM3.50 million to RM4.88 million.

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

For price per square foot, the median is RM372, with most transactions between RM351 and RM393. The usual range is RM348.24 to RM394.99, showing that most units are priced quite close to each other. A typical spread (IQR) of RM46.75 and an average deviation (MAD) of RM21 indicate a highly stable PSF trend across properties.

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.