SIRAM INDUSTRIAL PARK
Commercial Market
Median Price
RM 2,250,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Semi-D Factory
5 properties
Median Price
RM 2,900,000
-11.9% CAGR
Median PSF
RM 390.00
-0.1% CAGR
Terraced Factory
2 properties
Median Price
RM 1,610,000
Median PSF
RM 664.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Semi-D Factory | 5 |
RM 2,900,000
±300K MAD
|
-11.92% |
RM 390.00
±1 MAD
|
-0.13% | |
| Terraced Factory | 2 |
RM 1,610,000
|
- |
RM 664.00
|
- |
SIRAM INDUSTRIAL PARK in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 2.25 million and a median price per square foot (PSF) of RM 389.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 389, with most transactions between RM 389 and RM 389. The usual range is RM 319.50 to RM 458.50, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
TINGKAT SIRAM DUA
|
RM 2,250,000
|
RM 389.00
|
5,780 sqft
|
Feb 2023
|