TAMAN INDUSTRI SUNGAI LOKAN

TAMAN INDUSTRI SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 3.25 million and a median price per square foot (PSF) of RM 361.

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 3.25 million, with most transactions falling within a stable range of RM 2.10 million to RM 3.37 million, and a typical market range of RM 3.12 million to RM 3.37 million.

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

The median PSF stands at RM 361, with core pricing between RM 316 and RM 406. Market pricing typically extends from RM 331.50 to RM 390.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 45, 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.