TMN INDUSTRI RINGAN MKDV
Commercial Market
Median Price
RM 538,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Terraced Factory
16 properties
Median Price
RM 569,000
+7.1% CAGR
Median PSF
RM 297.25
+21.6% CAGR
Semi-D Factory
1 properties
Median Price
RM 1,800,000
Median PSF
RM 272.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Terraced Factory | 16 |
RM 569,000
±61K MAD
|
+7.05% |
RM 297.25
±60 MAD
|
+21.60% | |
| Semi-D Factory | 1 |
RM 1,800,000
|
- |
RM 272.00
|
- |
TMN INDUSTRI RINGAN MKDV in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 538K and a median price per square foot (PSF) of RM 213.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 213, with most transactions between RM 213 and RM 213. The usual range is RM 164.00 to RM 262.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG BINAJAYA 5
|
RM 538,000
|
RM 213.00
|
2,530 sqft
|
Oct 2021
|