Area Intelligence

TAMAN INDUSTRI SUNGAI LOKAN

9 properties
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Median Price
RM 3,320,000
PSF: RM 364

Commercial Market

Median Price

RM 3,320,000

IQR: RM 59
MAD: RM 6
RM 364 PSF 8.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN INDUSTRI SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 3.32 million and a median price per square foot (PSF) of RM 364.

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 3.32 million, with most transactions falling within a stable range of RM 3.14 million to RM 3.50 million, and a typical market range of RM 3.19 million to RM 3.46 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 364, with most transactions between RM 358 and RM 370. The usual range is RM 334.50 to RM 393.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 6, 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 SUNGAI LOKAN, Seberang Perai Utara, Penang

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Filter by type, year, price, and size

Transactions

9 properties grouped by size

1,900 sqft
1 units Terraced Factory
RM 870,000
LRG. SG. LOKAN 3/5
1,916 sqft · RM 454.00 PSF
May 2023
8,100 sqft
2 units Semi-D Factory
RM 3,500,000
LORONG INDUSTRI SUNGAI LOKAN 4
8,105 sqft · RM 432.00 PSF
Jan 2024
RM 2,950,000
LORONG INDUSTRI SUNGAI LOKAN 4
8,105 sqft · RM 364.00 PSF
Sep 2022
8,500 sqft
1 units Semi-D Factory
RM 3,100,000
LORONG INDUSTRI SUNGAI LOKAN 1
8,503 sqft · RM 365.00 PSF
Dec 2022
9,000 sqft
1 units Semi-D Factory
RM 3,250,000
LORONG INDUSTRI SUNGAI LOKAN 1
9,009 sqft · RM 361.00 PSF
Jan 2023
9,200 sqft
1 units Semi-D Factory
RM 3,320,000
LRG INDUSTRI SUNGAI LOKAN 2
9,214 sqft · RM 360.00 PSF
Nov 2022
9,400 sqft
2 units Semi-D Factory
RM 3,370,000
JLN SUNGAI LOKAN
9,408 sqft · RM 358.00 PSF
Oct 2023
RM 3,370,000
LRG IND. SUNGAI LOKAN 2
9,408 sqft · RM 358.00 PSF
Nov 2022
9,550 sqft
1 units Semi-D Factory
RM 4,000,000
LORONG INDUSTRI SUNGAI LOKAN 4
9,548 sqft · RM 419.00 PSF
Jan 2024