| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Siram
|
RM1,750,000
|
RM466
|
3,757 sqft
|
|
|
|
Jalan Siram
|
RM1,470,000
|
RM391
|
3,757 sqft
|
|
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Siram Industrial Park
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM1,610,000
RM429 psfMedian transaction price
Park, E17 Lebuhraya Lingkaran Luar Butterworth, Bandar Seberang Jaya, 13700 Perai, Penang, Malaysia
MapsSiram Industrial Park in Seberang Perai Utara, Penang recorded 2 Terraced Factory properties subsale transactions between 2021 and 2026, with a median price of RM1.61 million and a median price per square foot (PSF) of RM429.
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 RM1.61 million, with most transactions falling within a stable range of RM1.47 million to RM1.75 million, and a typical market range of RM1.47 million to RM1.75 million.
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 RM429, with most transactions between RM391 and RM466. The usual range is RM359.08 to RM498.08, showing that most units are priced quite close to each other. With an IQR of RM139.00 and MAD of RM37, 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.