Area Intelligence

SAGA JAYA (INDUSTRI)

3 properties
2022
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Median Price
RM 3,150,000
PSF: RM 291

Commercial Market

Median Price

RM 3,150,000

IQR: RM 41
MAD: RM 22
RM 291 PSF 1.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SAGA JAYA (INDUSTRI) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 3.15 million and a median price per square foot (PSF) of RM 291.

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 3.15 million, with most transactions falling within a stable range of RM 2.85 million to RM 3.30 million, and a typical market range of RM 3.00 million to RM 3.30 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 291, though individual units vary from RM 226 to RM 356 in the core range. The broader market spans RM 270.50 to RM 311.50, indicating diverse property characteristics. The spread of RM 41.00 (IQR) and deviation of RM 65 (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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SAGA JAYA (INDUSTRI), Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

10,550 sqft
1 units Semi-D Factory
RM 3,300,000
LORONG SAGA JAYA 5
10,559 sqft · RM 313.00 PSF
Mar 2022
10,850 sqft
1 units Semi-D Factory
RM 3,150,000
LORONG SAGA JAYA 5
10,828 sqft · RM 291.00 PSF
Mar 2022
15,750 sqft
1 units Semi-D Factory
RM 2,600,000
LORONG SAGA JAYA 6
15,748 sqft · RM 165.00 PSF
Jul 2022