Industri Ringan Teras Jaya

Taman Industri Ringan Teras Jaya, 2, Lorong Teras Jaya 3, Taman Perindustrian Teras Jaya, 13400 Butterworth, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM1,710,000
PSF
RM394
Price Size
Period
transactions middle 50% (P25–P75)
RM2,300,000
Lorong Teras Jaya 2
4,725 sqft RM487 PSF
RM1,120,000
Jalan Ong Yi How
3,714 sqft RM302 PSF
Legend Recent Highest Price Highest PSF

Selling in Industri Ringan Teras Jaya? Homes here sold for a median of RM1,710,000.

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Industri Ringan Teras Jaya
© OpenStreetMap · CARTO

Taman Industri Ringan Teras Jaya, 2, Lorong Teras Jaya 3, Taman Perindustrian Teras Jaya, 13400 Butterworth, Penang, Malaysia

Maps

Industri Ringan Teras Jaya in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM1.71 million and a median price per square foot (PSF) of RM394.

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 RM1.71 million, with most transactions falling within a stable range of RM1.12 million to RM2.30 million, and a typical market range of RM1.36 million to RM2.06 million.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM394, though individual units vary from RM302 to RM487 in the core range. The broader market spans RM338.42 to RM449.92, indicating diverse property characteristics. The spread of RM111.50 (IQR) and deviation of RM93 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.