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INDUSTRI BUKIT MINYAK(PDC)

Seberang Perai Tengah, Pulau Pinang · Industrial · 33 recorded sales, Jun 2021 to Jun 2024

No sale recorded since Jun 2024Detached Factory/Warehouse · 25Terraced Factory/Warehouse · 7Semi-Detached Factory/Warehouse · 1
RM 813psf median, against main floor area · 33 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 276 – 1,782 psf
Median price
RM 8,100,000
Price range
RM 550k – RM 32.42m
Main floor area
2,000 – 64,969 sq ft
Land area
2,594 – 262,392 sq ft
Median price per sq ft of land
RM 163

Median of 33 sales that carry a usable area, out of 33 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 48,115 sq ft against 5,289. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Jun 2024. Last on record: 13 Jun 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20217 · RM 1,218 psf
202212 · RM 634 psf
202311 · RM 454 psf
20243 · RM 1,937 psf

Quarterly medians · not a price trend

02,2564,5132021 Q2 — RM 813 psf, 1 sale2021 Q3 — RM 1,309 psf, 2 sales2021 Q4 — RM 1,197 psf, 4 sales2022 Q1 — RM 323 psf, 4 sales2022 Q2 — RM 1,782 psf, 3 sales2022 Q3 — RM 1,509 psf, 2 sales2022 Q4 — RM 938 psf, 3 sales2023 Q1 — RM 1,160 psf, 2 sales2023 Q2 — RM 364 psf, 6 sales2023 Q3 — RM 696 psf, 1 sale2023 Q4 — RM 1,057 psf, 2 sales2024 Q1 — RM 276 psf, 1 sale2024 Q2 — RM 4,059 psf, 2 sales
2021 Q22024 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for industrial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 33 priced sales

RM 160–436 psf — 14 salesRM 436–712 psf — 2 salesRM 712–988 psf — 2 salesRM 988–1,264 psf — 3 salesRM 1,264–1,540 psf — 1 saleRM 1,540–1,816 psf — 3 salesRM 1,816–2,091 psf — 3 salesRM 2,091–2,367 psf — 1 saleRM 2,367–2,643 psf — 0 salesRM 2,643–2,919 psf — 3 salesRM 2,919–3,195 psf — 0 salesRM 3,195–3,471 psf — 0 salesRM 3,471–3,747 psf — 0 salesRM 3,747–4,023 psf — 1 sale
RM 160RM 4,023 psf

Each bar counts sales in a RM 276 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 33

DateTypeArea (sq ft)PricepsfTenure
13 Jun 2024Detached Factory/Warehouse4,182RM 8,100,0001,937Leasehold
8 Apr 2024Detached Factory/Warehouse3,333RM 20,600,0006,181Leasehold
29 Feb 2024Terraced Factory/Warehouse3,005RM 830,000276Freehold
10 Nov 2023Detached Factory/Warehouse19,225RM 32,421,9991,686Leasehold
10 Nov 2023Detached Factory/Warehouse21,941RM 9,378,001427Leasehold
18 Jul 2023Detached Factory/Warehouse22,263RM 15,500,000696Freehold
16 Jun 2023Detached Factory/Warehouse2,860RM 8,000,0002,797Leasehold
31 May 2023Detached Factory/Warehouse48,063RM 13,188,888274Leasehold
26 May 2023Detached Factory/Warehouse64,969RM 17,500,000269Leasehold
28 Apr 2023Terraced Factory/Warehouse3,087RM 1,400,000454Leasehold
27 Apr 2023Terraced Factory/Warehouse3,005RM 550,000183Leasehold
3 Apr 2023Detached Factory/Warehouse9,903RM 10,500,0001,060Leasehold
3 Mar 2023Detached Factory/Warehouse2,000RM 4,400,0002,200Leasehold
1 Mar 2023Detached Factory/Warehouse30,340RM 3,618,000119Leasehold
2 Dec 2022Detached Factory/Warehouse5,077RM 8,574,1521,689Leasehold
25 Nov 2022Detached Factory/Warehouse26,641RM 25,000,000938Leasehold
2 Nov 2022Detached Factory/Warehouse38,627RM 9,500,000246Leasehold
22 Sep 2022Terraced Factory/Warehouse3,005RM 630,000210Leasehold
28 Jul 2022Detached Factory/Warehouse4,806RM 13,500,0002,809Leasehold
10 May 2022Semi-Detached Factory/Warehouse2,750RM 4,900,0001,782Leasehold

Tenure across all 33 sales: Leasehold 31 · Freehold 2.

Others in Seberang Perai Tengah · industrial

TMN USAHAJAYA
RM 279 psf · 31 sales · 2.5 km
INDUSTRI PERMATANG TINGGI
RM 826 psf · 15 sales · 3 km
TAMAN INDUSTRI IMPIAN
RM 1,123 psf · 12 sales · 3.9 km
TAMAN PERUSAHAAN PELANGI
RM 659 psf · 5 sales · 5.2 km
TAMAN INDUSTRI MACHANG INDAH
RM 189 psf · 27 sales · 6.3 km
BANDAR PERDA
RM 327 psf · 7 sales · 7.6 km
PERAI-MIEL
RM 2,452 psf · 14 sales · 12 km
TMN ASAS JAYA(IND RINGAN)
RM 195 psf · 41 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.