TAMAN INDUSTRI MACHANG INDAH

TAMAN INDUSTRI MACHANG INDAH in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 390K and a median price per square foot (PSF) of RM 121.

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 390K, with most transactions falling within a stable range of RM 360K to RM 575K, and a typical market range of RM 360K to RM 454K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 121, with core pricing between RM 106 and RM 136. Market pricing typically extends from RM 111.75 to RM 130.25, reflecting moderate variation in unit pricing. With an IQR of RM 18.50 and MAD of RM 15, 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.