TMN ASAS JAYA(IND RINGAN)
Commercial Market
Median Price
RM 600,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Terraced Factory
29 properties
Median Price
RM 542,500
+4.1% CAGR
Median PSF
RM 404.00
+7.4% CAGR
Semi-D Factory
7 properties
Median Price
RM 1,880,000
+6.4% CAGR
Median PSF
RM 310.00
+20.3% CAGR
Detached Factory
1 properties
Median Price
RM 2,203,000
Median PSF
RM 209.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Terraced Factory | 29 |
RM 542,500
±15K MAD
|
+4.11% |
RM 404.00
±6 MAD
|
+7.39% | |
| Semi-D Factory | 7 |
RM 1,880,000
±100K MAD
|
+6.37% |
RM 310.00
±17 MAD
|
+20.29% | |
| Detached Factory | 1 |
RM 2,203,000
|
- |
RM 209.00
|
- |
TMN ASAS JAYA(IND RINGAN) in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 335.
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 600K, with most transactions falling within a stable range of RM 435K to RM 1.06 million, and a typical market range of RM 490K to RM 710K.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 335, though individual units vary from RM 257 to RM 412 in the core range. The broader market spans RM 285.50 to RM 383.50, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 78 (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.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG ASASJAYA 5
|
RM 435,000
|
RM 364.00
|
1,195 sqft
|
Jul 2022
|
|
LORONG ASAS JAYA 7
|
RM 485,000
|
RM 347.00
|
1,399 sqft
|
Aug 2022
|
|
|
JALAN BUKIT MINYAK
|
RM 650,000
|
RM 465.00
|
1,399 sqft
|
Jul 2022
|
|
|
JALAN BUKIT MINYAK
|
RM 650,000
|
RM 465.00
|
1,399 sqft
|
Jun 2022
|
|
|
LRG ASAS JAYA 2
|
RM 435,000
|
RM 311.00
|
1,399 sqft
|
Feb 2022
|
|
|
LORONG ASAS JAYA 6
|
RM 450,000
|
RM 322.00
|
1,399 sqft
|
Jan 2022
|
|
|
LRG IND RINGAN ASAS JAYA 2
|
RM 450,000
|
RM 322.00
|
1,399 sqft
|
Jan 2022
|
|
JALAN BUKIT MINYAK
|
RM 600,000
|
RM 413.00
|
1,453 sqft
|
Jan 2022
|
|
|
JALAN BUKIT MINYAK
|
RM 600,000
|
RM 410.00
|
1,464 sqft
|
Jan 2022
|
|
LORONG ASAS JAYA 7
|
RM 720,000
|
RM 282.00
|
2,551 sqft
|
Aug 2022
|
|
LORONG ASAS JAYA 21
|
RM 1,700,000
|
RM 230.00
|
7,384 sqft
|
Aug 2022
|
|
LORONG ASAS JAYA 21
|
RM 1,800,000
|
RM 222.00
|
8,116 sqft
|
Aug 2022
|