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KAWASAN JALAN SUNGAI PINANG

Timur Laut, Pulau Pinang · Industrial · 7 recorded sales, Nov 2021 to Sep 2024

No sale recorded since Sep 2024Terraced Factory/Warehouse · 3Detached Factory/Warehouse · 23 - 3 1/2 Storey Shop · 1
RM 624psf median, against main floor area · 7 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 517 – 701 psf
Median price
RM 3,600,000
Price range
RM 1.65m – RM 5.00m
Main floor area
2,025 – 8,010 sq ft
Land area
2,411 – 7,186 sq ft
Median price per sq ft of land
RM 719

Median of 7 sales that carry a usable area, out of 7 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 4,951 sq ft against 7,706. 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 Sep 2024. Last on record: 3 Sep 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.

20212 · RM 610 psf
20223 · RM 624 psf
20242 · RM 537 psf

Quarterly medians · not a price trend

2296371,0442021 Q4 — RM 610 psf, 2 sales2022 Q3 — RM 624 psf, 1 sale2022 Q4 — RM 966 psf, 2 sales2024 Q2 — RM 766 psf, 1 sale2024 Q3 — RM 308 psf, 1 sale
2021 Q42024 Q3
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 · 7 priced sales

RM 325–402 psf — 1 saleRM 402–478 psf — 1 saleRM 478–555 psf — 0 salesRM 555–631 psf — 2 salesRM 631–708 psf — 1 saleRM 708–784 psf — 1 saleRM 784–860 psf — 0 salesRM 860–937 psf — 0 salesRM 937–1,013 psf — 0 salesRM 1,013–1,090 psf — 0 salesRM 1,090–1,166 psf — 0 salesRM 1,166–1,243 psf — 0 salesRM 1,243–1,319 psf — 0 salesRM 1,319–1,396 psf — 1 sale
RM 325RM 1,396 psf

Each bar counts sales in a RM 77 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 · 7 of 7

DateTypeArea (sq ft)PricepsfTenure
3 Sep 2024Detached Factory/Warehouse5,338RM 1,645,000308Freehold
19 Jun 20243 - 3 1/2 Storey Shop3,852RM 2,950,000766Freehold
21 Dec 2022Terraced Factory/Warehouse8,010RM 3,600,000450Freehold
6 Dec 2022Detached Factory/Warehouse2,025RM 3,000,0001,482Freehold
9 Aug 2022Terraced Factory/Warehouse8,010RM 5,000,000624Freehold
15 Nov 2021Semi-Detached Factory/Warehouse7,706RM 4,500,000584Freehold
12 Nov 2021Terraced Factory/Warehouse7,860RM 5,000,000636Freehold

Others in Timur Laut · industrial

KOMPLEK ADORNA GOLD
7 sales · 0.3 km
HEXAGON TECH PARK
6 sales · 0.4 km
TAMAN KIM/SAYANG
RM 434 psf · 5 sales · 12.3 km
MENARA PERDANA
31 sales · 13.5 km
KOMPLEKS ADONA DIAMOND
14 sales
PG GOLD & JEW CENTRE
6 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.