Area Intelligence

KAWASAN JALAN SUNGAI PINANG

2 properties
Detached Factory
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Median Price
RM 2,322,500
PSF: RM 529

Commercial Market

Median Price

RM 2,322,500

IQR: RM 276
MAD: RM 190
RM 529 PSF 8.7%

PSF Trends (2021-2025)

KAWASAN JALAN SUNGAI PINANG in Timur Laut, Penang recorded 2 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 2.32 million and a median price per square foot (PSF) of RM 529.

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 2.32 million, with most transactions falling within a stable range of RM 1.65 million to RM 3.00 million, and a typical market range of RM 1.65 million to RM 3.00 million.

Within the Detached Factory category, terraced factory/warehouse dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 529, though individual units vary from RM 398 to RM 660 in the core range. The broader market spans RM 392.00 to RM 666.00, indicating diverse property characteristics. The spread of RM 274.00 (IQR) and deviation of RM 131 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN JALAN SUNGAI PINANG, Timur Laut, Penang

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Transactions

2 properties grouped by size

4,150 sqft
1 units Detached Factory
RM 1,645,000
JALAN P. RAMLEE
4,133 sqft · RM 398.00 PSF
Sep 2024
4,550 sqft
1 units Detached Factory
RM 3,000,000
JALAN ONG JOO SOON
4,542 sqft · RM 660.00 PSF
Dec 2022