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INDUSTRI RINGAN VALDOR

Seberang Perai Selatan, Pulau Pinang · Industrial · 8 recorded sales, Jun 2022 to May 2024

No sale recorded since May 2024Terraced Factory/Warehouse · 6Semi-Detached Factory/Warehouse · 2
RM 181psf 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 173 – 204 psf
Median price
RM 512,500
Price range
RM 430k – RM 1.10m
Main floor area
2,827 – 4,265 sq ft
Land area
1,647 – 6,501 sq ft
Median price per sq ft of land
RM 290

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 1,647 sq ft against 2,827. 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 May 2024. Last on record: 9 May 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.

20223 · RM 177 psf
20233 · RM 186 psf
20242 · RM 258 psf

Quarterly medians · not a price trend

1392052712022 Q2 — RM 161 psf, 1 sale2022 Q3 — RM 177 psf, 2 sales2023 Q2 — RM 186 psf, 2 sales2023 Q3 — RM 152 psf, 1 sale2024 Q2 — RM 258 psf, 2 sales
2022 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 · 8 priced sales

RM 153–161 psf — 1 saleRM 161–168 psf — 1 saleRM 168–176 psf — 0 salesRM 176–183 psf — 2 salesRM 183–191 psf — 2 salesRM 191–198 psf — 0 salesRM 198–206 psf — 0 salesRM 206–213 psf — 0 salesRM 213–221 psf — 0 salesRM 221–228 psf — 0 salesRM 228–236 psf — 0 salesRM 236–243 psf — 0 salesRM 243–251 psf — 0 salesRM 251–258 psf — 2 sales
RM 153RM 258 psf

Each bar counts sales in a RM 8 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
9 May 2024Semi-Detached Factory/Warehouse4,265RM 1,100,000258Freehold
9 May 2024Semi-Detached Factory/Warehouse4,265RM 1,100,000258Freehold
4 Jul 2023Terraced Factory/Warehouse2,827RM 430,000152Freehold
2 Jun 2023Terraced Factory/Warehouse2,827RM 525,000186Freehold
2 Jun 2023Terraced Factory/Warehouse2,827RM 525,000186Freehold
26 Jul 2022Terraced Factory/Warehouse2,827RM 500,000177Freehold
26 Jul 2022Terraced Factory/Warehouse2,827RM 500,000177Freehold
14 Jun 2022Terraced Factory/Warehouse2,827RM 455,000161Freehold

Others in Seberang Perai Selatan · industrial

KAW INDUSTRI VALDOR
RM 533 psf · 37 sales
GOLDEN GATEWAY PERINDUSTRIAN VALDOR
RM 1,096 psf · 27 sales
ECO INDUSTRIAL HUB
RM 849 psf · 22 sales
TMN INDUSTRI BUKIT PANCHOR
RM 407 psf · 21 sales
TMN IKS SPG EMPAT
RM 1,120 psf · 16 sales
PECAHAN LOT 1695
RM 617 psf · 12 sales
TMN INDUSTRI NIBONG TEBAL
RM 225 psf · 11 sales
KOMPLEK JAWI (INDUSTRI)
RM 223 psf · 8 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.