Area Intelligence

INDUSTRI RINGAN TERAS JAYA

1 properties
2022
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Median Price
RM 1,050,000
PSF: RM 488

Commercial Market

Median Price

RM 1,050,000

IQR: RM 53
MAD: RM 34
RM 488 PSF 9.2%

PSF Trends (2021-2025)

INDUSTRI RINGAN TERAS JAYA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 488.

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 488, with most transactions between RM 488 and RM 488. The usual range is RM 461.38 to RM 514.63, showing that most units are priced quite close to each other. With an IQR of RM 53.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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INDUSTRI RINGAN TERAS JAYA, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

2,150 sqft
1 units Terraced Factory
RM 1,050,000
LORONG TERAS JAYA 3
2,153 sqft · RM 488.00 PSF
Feb 2022