Area Intelligence

TMN ASAS JAYA(IND RINGAN)

7 properties
Semi-D Factory
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Median Price
RM 1,880,000
PSF: RM 310

Commercial Market

Median Price

RM 1,880,000

IQR: RM 98
MAD: RM 54
RM 310 PSF 9.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN ASAS JAYA(IND RINGAN) in Seberang Perai Tengah, Penang recorded 7 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, with a median price of RM 1.88 million and a median price per square foot (PSF) of RM 310.

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 1.88 million, with most transactions falling within a stable range of RM 1.67 million to RM 2.09 million, and a typical market range of RM 1.77 million to RM 1.99 million.

Within the Semi-D Factory category, terraced factory/warehouse dominated the market, though some variety exists in the market.

The median PSF stands at RM 310, with core pricing between RM 257 and RM 363. Market pricing typically extends from RM 261.00 to RM 359.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (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. 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.

Area Location

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

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Transactions

7 properties grouped by size

6,050 sqft
4 units Semi-D Factory
RM 2,300,000
LORONG ASAS JAYA 21
6,060 sqft · RM 380.00 PSF
Oct 2024
RM 1,980,000
LORONG ASAS JAYA 13
6,060 sqft · RM 327.00 PSF
May 2024
RM 1,880,000
LORONG ASASJAYA 21
6,071 sqft · RM 310.00 PSF
Oct 2023
RM 1,880,000
LORONG ASAS JAYA 21
6,060 sqft · RM 310.00 PSF
Sep 2023
6,350 sqft
1 units Semi-D Factory
RM 1,600,000
LORONG ASAS JAYA 19
6,340 sqft · RM 252.00 PSF
Jan 2024
7,400 sqft
1 units Semi-D Factory
RM 1,700,000
LORONG ASAS JAYA 21
7,384 sqft · RM 230.00 PSF
Aug 2022
8,100 sqft
1 units Semi-D Factory
RM 1,800,000
LORONG ASAS JAYA 21
8,116 sqft · RM 222.00 PSF
Aug 2022