TMN ASAS JAYA(IND RINGAN)
Commercial Market
Median Price
RM 565,000
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 13 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 377.
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 565K, with most transactions falling within a stable range of RM 450K to RM 1.05 million, and a typical market range of RM 455K to RM 675K.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 377, with core pricing between RM 312 and RM 442. Market pricing typically extends from RM 328.00 to RM 426.00, 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.
Filter by type, year, price, and size
Transactions
13 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG ASAS JAYA 3
|
RM 500,000
|
RM 418.00
|
1,195 sqft
|
Aug 2023
|
LORONG ASAS JAYA 4
|
RM 465,000
|
RM 332.00
|
1,399 sqft
|
Dec 2023
|
|
JALAN BUKIT MINYAK
|
RM 450,000
|
RM 322.00
|
1,399 sqft
|
Nov 2023
|
|
JALAN BUKIT MINYAK
|
RM 480,000
|
RM 343.00
|
1,399 sqft
|
Oct 2023
|
|
LORONG ASAS JAYA 2
|
RM 565,000
|
RM 404.00
|
1,399 sqft
|
Sep 2023
|
|
LORONG ASASJAYA 2
|
RM 528,000
|
RM 377.00
|
1,399 sqft
|
Aug 2023
|
|
JALAN BUKIT MINYAK
|
RM 680,000
|
RM 486.00
|
1,399 sqft
|
Jun 2023
|
|
LORONG ASAS JAYA 7
|
RM 480,000
|
RM 343.00
|
1,399 sqft
|
Jan 2023
|
JALAN BUKIT MINYAK
|
RM 750,000
|
RM 505.00
|
1,485 sqft
|
Jan 2023
|
JALAN BUKIT MINYAK
|
RM 700,000
|
RM 455.00
|
1,539 sqft
|
Jun 2023
|
|
JALAN BUKIT MINYAK
|
RM 660,000
|
RM 426.00
|
1,550 sqft
|
May 2023
|
LORONG ASASJAYA 21
|
RM 1,880,000
|
RM 310.00
|
6,071 sqft
|
Oct 2023
|
|
LORONG ASAS JAYA 21
|
RM 1,880,000
|
RM 310.00
|
6,060 sqft
|
Sep 2023
|