Area Intelligence

TMN ASAS JAYA(IND RINGAN)

11 properties
2024
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Median Price
RM 666,000
PSF: RM 400

Commercial Market

Median Price

RM 666,000

IQR: RM 98
MAD: RM 54
RM 400 PSF 9.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN ASAS JAYA(IND RINGAN) in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2024, with a median price of RM 666K and a median price per square foot (PSF) of RM 400.

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 666K, with most transactions falling within a stable range of RM 535K to RM 1.29 million, and a typical market range of RM 556K to RM 776K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 400, with core pricing between RM 335 and RM 465. Market pricing typically extends from RM 351.00 to RM 449.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.

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 ASAS JAYA(IND RINGAN), Seberang Perai Tengah, Penang

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Transactions

11 properties found

Semi-D Factory LORONG ASAS JAYA 21
RM 2,300,000
6,060 sqft Oct 2024
RM 380.00 PSF
Terraced Factory LORONG ASAS JAYA 5
RM 535,000
1,195 sqft Oct 2024
RM 448.00 PSF
Terraced Factory JALAN BUKIT MINYAK
RM 680,000
1,701 sqft Sep 2024
RM 400.00 PSF
Terraced Factory JALAN BUKIT MINYAK
RM 708,000
1,399 sqft Aug 2024
RM 506.00 PSF
Terraced Factory JLN BUKIT MINYAK
RM 580,000
1,485 sqft Aug 2024
RM 390.00 PSF
Semi-D Factory LORONG ASAS JAYA 13
RM 1,980,000
6,060 sqft May 2024
RM 327.00 PSF
Terraced Factory LORONG ASASJAYA 6
RM 666,000
2,099 sqft May 2024
RM 317.00 PSF
Semi-D Factory LORONG ASAS JAYA 19
RM 1,600,000
6,340 sqft Jan 2024
RM 252.00 PSF
Terraced Factory LORONG ASAS JAYA 7
RM 560,000
1,399 sqft Jan 2024
RM 400.00 PSF
Terraced Factory LORONG ASASJAYA 2
RM 588,000
1,399 sqft Jan 2024
RM 420.00 PSF
Terraced Factory LRG IND RINGAN ASAS JAYA 2
RM 588,000
1,399 sqft Jan 2024
RM 420.00 PSF