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Kampung SELAMAT

Seberang Perai Utara, Pulau Pinang · Industrial · 5 recorded sales, Sep 2021 to May 2024

No sale recorded since May 2024Detached Factory/Warehouse · 4Detached · 1
RM 390psf median, against main floor area · 5 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 373 – 587 psf
Median price
RM 2,066,500
Price range
RM 1.30m – RM 7.00m
Main floor area
1,778 – 8,320 sq ft
Land area
70,719 – 137,455 sq ft
Median price per sq ft of land
RM 24

Median of 5 sales that carry a usable area, out of 5 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 91,825 sq ft against 5,535. 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: 28 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.

20211 · RM 587 psf
20222 · RM 382 psf
20231 · RM 204 psf
20241 · RM 3,937 psf

Quarterly medians · not a price trend

02,1934,3852021 Q3 — RM 587 psf, 1 sale2022 Q1 — RM 373 psf, 1 sale2022 Q3 — RM 390 psf, 1 sale2023 Q3 — RM 204 psf, 1 sale2024 Q2 — RM 3,937 psf, 1 sale
2021 Q32024 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 · 5 priced sales

RM 218–464 psf — 3 salesRM 464–711 psf — 1 saleRM 711–957 psf — 0 salesRM 957–1,204 psf — 0 salesRM 1,204–1,451 psf — 0 salesRM 1,451–1,697 psf — 0 salesRM 1,697–1,944 psf — 0 salesRM 1,944–2,190 psf — 0 salesRM 2,190–2,437 psf — 0 salesRM 2,437–2,683 psf — 0 salesRM 2,683–2,930 psf — 0 salesRM 2,930–3,176 psf — 0 salesRM 3,176–3,423 psf — 0 salesRM 3,423–3,669 psf — 1 sale
RM 218RM 3,669 psf

Each bar counts sales in a RM 247 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 · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
28 May 2024Detached Factory/Warehouse1,778RM 7,000,0003,937Freehold
16 Aug 2023Detached Factory/Warehouse8,320RM 1,700,000204Leasehold
15 Jul 2022Detached Factory/Warehouse5,535RM 2,157,875390Freehold
3 Jan 2022Detached Factory/Warehouse5,535RM 2,066,500373Freehold
22 Sep 2021Detached2,216RM 1,300,000587Leasehold

Tenure across all 5 sales: Freehold 3 · Leasehold 2.

Others in Seberang Perai Utara · industrial

TAMAN INDUSTRI SG PUYU
RM 674 psf · 10 sales · 14.6 km
TMN INDUSTRI CENGAL
RM 408 psf · 7 sales · 14.9 km
ORANGE INDUSTRIAL PARK
RM 1,208 psf · 15 sales · 17.5 km
TMN INDUSTRI SOUTHTECH
RM 328 psf · 16 sales
TAMAN INDUSTRI SUNGAI LOKAN
RM 1,609 psf · 10 sales
INDUSTRI RINGAN TERAS JAYA
RM 455 psf · 8 sales
SOON CORPORATION
RM 333 psf · 7 sales
SIRAM INDUSTRIAL PARK
RM 1,295 psf · 7 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.