Area Intelligence

TAMAN INDUSTRI GERBANG OREN

1 properties
2023
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Median Price
RM 2,711,000
PSF: RM 334

Commercial Market

Median Price

RM 2,711,000

IQR: RM 79
MAD: RM 38
RM 334 PSF 21.3%

PSF Trends (2021-2025)

TAMAN INDUSTRI GERBANG OREN in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 2.71 million and a median price per square foot (PSF) of RM 334.

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 334, with most transactions between RM 334 and RM 334. The usual range is RM 294.63 to RM 373.38, showing that most units are priced quite close to each other. With an IQR of RM 78.75 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. 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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TAMAN INDUSTRI GERBANG OREN, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

8,100 sqft
1 units Terraced Factory
RM 2,711,000
JALAN INDUSTRI GERBANG OREN
8,105 sqft · RM 334.00 PSF
Feb 2023