Siram Industrial Park

Park, E17 Lebuhraya Lingkaran Luar Butterworth, Bandar Seberang Jaya, 13700 Perai, Penang, Malaysia

Property Transactions

5 subsales found

Median
RM3,000,000
PSF
RM423
Price Size
Period
transactions middle 50% (P25–P75)
RM1,750,000
Jalan Siram
3,757 sqft RM466 PSF
RM3,850,000
Jalan Siram
8,460 sqft RM455 PSF
RM1,470,000
Jalan Siram
3,757 sqft RM391 PSF
RM3,200,000
Jalan Siram
7,556 sqft RM423 PSF
RM3,000,000
Jalan Siram
8,816 sqft RM340 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM3,000,000

RM423 psf

Median transaction price

Siram Industrial Park
© OpenStreetMap · CARTO

Park, E17 Lebuhraya Lingkaran Luar Butterworth, Bandar Seberang Jaya, 13700 Perai, Penang, Malaysia

Maps

Siram Industrial Park in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM3.00 million and a median price per square foot (PSF) of RM423.

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 RM3.00 million, with most transactions falling within a stable range of RM2.10 million to RM3.85 million, and a typical market range of RM2.45 million to RM3.55 million.

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

The median PSF stands at RM423, with core pricing between RM378 and RM469. Market pricing typically extends from RM353.99 to RM492.99, reflecting moderate variation in unit pricing. With an IQR of RM139.00 and MAD of RM46, 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.