TAMAN INDUSTRI

3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM800,000
PSF
RM289
Price Size
Period
transactions middle 50% (P25–P75)
2,500 sqft
Terrace Factory
RM630,000
Lorong Sungai Lokan 3/3
2,476 sqft · RM254 PSF
RM800,000
Lorong Sungai Lokan 3/3
2,476 sqft · RM323 PSF
RM800,000
Lorong Sungai Lokan 3/3
2,476 sqft · RM323 PSF
RM840,000
Lorong Sungai Lokan 3/2
2,476 sqft · RM339 PSF
3,150 sqft
Terrace Factory
RM597,000
Lorong Sungai Lokan 3/3
3,143 sqft · RM190 PSF
3,950 sqft
Terrace Factory
RM800,000
Lorong Sungai Lokan 3/3
3,940 sqft · RM203 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM800,000

RM289 psf

Median transaction price

Taman Industri Southtech
© OpenStreetMap · CARTO

TAMAN INDUSTRI, 3, Lorong Industri Sungai Lokan 3, Sungai Lokan, 13800 Butterworth, Penang, Malaysia

Maps

TAMAN INDUSTRI in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2022, with a median price of RM800K and a median price per square foot (PSF) of RM289.

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 RM800K, with most transactions falling within a stable range of RM706K to RM840K, and a typical market range of RM704K to RM840K.

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

Price per square foot shows a median of RM289, though individual units vary from RM229 to RM349 in the core range. The broader market spans RM252.06 to RM325.56, indicating diverse property characteristics. The spread of RM73.50 (IQR) and deviation of RM60 (MAD) suggest moderate price variations reflecting different property features.

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.