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INDUSTRI BUKIT MINYAK(PERDA)

Seberang Perai Tengah, Pulau Pinang · Industrial · 8 recorded sales, Jan 2021 to Jun 2024

No sale recorded since Jun 2024Detached Factory/Warehouse · 6Semi-Detached Factory/Warehouse · 2
RM 1,134psf median, against main floor area · 8 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 8821,333 psf
Median price
RM 6,486,775
Price range
RM 2.60mRM 33.80m
Main floor area
3,91314,066 sq ft
Land area
9,817265,455 sq ft
Median price per sq ft of land
RM 240

Median of 8 sales that carry a usable area, out of 8 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 36,468 sq ft against 5,746. 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: 28 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.

20211 · RM 1,277 psf
20233 · RM 1,309 psf
20244 · RM 854 psf

Quarterly medians · not a price trend

4851,5472,6082021 Q1 — RM 1,277 psf, 1 sale2023 Q1 — RM 2,403 psf, 1 sale2023 Q3 — RM 1,123 psf, 2 sales2024 Q1 — RM 1,199 psf, 2 sales2024 Q2 — RM 690 psf, 2 sales
2021 Q12024 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 · 8 priced sales

RM 672–785 psf — 2 salesRM 785–899 psf — 0 salesRM 899–1,013 psf — 2 salesRM 1,013–1,126 psf — 0 salesRM 1,126–1,240 psf — 0 salesRM 1,240–1,354 psf — 2 salesRM 1,354–1,468 psf — 1 saleRM 1,468–1,581 psf — 0 salesRM 1,581–1,695 psf — 0 salesRM 1,695–1,809 psf — 0 salesRM 1,809–1,922 psf — 0 salesRM 1,922–2,036 psf — 0 salesRM 2,036–2,150 psf — 0 salesRM 2,150–2,263 psf — 1 sale
RM 672RM 2,263 psf

Each bar counts sales in a RM 114 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 · 8 of 8

DateTypeArea (sq ft)PricepsfTenure
28 Jun 2024Semi-Detached Factory/Warehouse3,913RM 2,800,000716Leasehold
28 Jun 2024Semi-Detached Factory/Warehouse3,913RM 2,600,000665Leasehold
5 Mar 2024Detached Factory/Warehouse13,311RM 13,200,000992Leasehold
7 Feb 2024Detached Factory/Warehouse7,467RM 10,496,8001,406Freehold
6 Jul 2023Detached Factory/Warehouse6,401RM 6,000,000937Leasehold
5 Jul 2023Detached Factory/Warehouse4,947RM 6,473,5501,309Leasehold
20 Mar 2023Detached Factory/Warehouse14,066RM 33,800,0002,403Freehold
20 Jan 2021Detached Factory/Warehouse5,091RM 6,500,0001,277Leasehold

Tenure across all 8 sales: Leasehold 6 · Freehold 2.

Others in Seberang Perai Tengah · industrial

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.