Area Intelligence

TMN INDUSTRI SOUTHTECH

5 properties
2024
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Median Price
RM 950,000
PSF: RM 488

Commercial Market

Median Price

RM 950,000

IQR: RM 72
MAD: RM 48
RM 488 PSF 8.0%

PSF Trends (2021-2025)

TMN INDUSTRI SOUTHTECH in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 950K and a median price per square foot (PSF) of RM 488.

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 950K, with most transactions falling within a stable range of RM 910K to RM 1.07 million, and a typical market range of RM 910K to RM 1.02 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 488, with most transactions between RM 451 and RM 525. The usual range is RM 452.00 to RM 524.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 37, 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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TMN INDUSTRI SOUTHTECH, Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

1,900 sqft
2 units Terraced Factory
RM 910,000
LRG SG LOKAN 3/3
1,916 sqft · RM 475.00 PSF
Jul 2024
RM 930,000
LRG SG LOKAN 3/3
1,916 sqft · RM 485.00 PSF
Feb 2024
1,950 sqft
1 units Terraced Factory
RM 950,000
LRG SG LOKAN 3/1
1,938 sqft · RM 490.00 PSF
Apr 2024
2,100 sqft
1 units Terraced Factory
RM 1,200,000
LORONG SUNGAI LOKAN 3/2
2,088 sqft · RM 575.00 PSF
Oct 2024
2,350 sqft
1 units Terraced Factory
RM 1,150,000
LRG SG. LOKAN 3/3
2,357 sqft · RM 488.00 PSF
Jan 2024