Area Intelligence

TAMAN INDUSTRI SUNGAI LOKAN

1 properties
Terraced Factory
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Median Price
RM 870,000
PSF: RM 454

Commercial Market

Median Price

RM 870,000

IQR: RM 59
MAD: RM 6
RM 454 PSF 8.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN INDUSTRI SUNGAI LOKAN in Seberang Perai Utara, Penang recorded 1 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 870K and a median price per square foot (PSF) of RM 454.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Terraced Factory category, semi-detached factory/warehouse dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 454, with most transactions between RM 454 and RM 454. The usual range is RM 424.50 to RM 483.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN INDUSTRI SUNGAI LOKAN, Seberang Perai Utara, Penang

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Transactions

1 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