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PERAI-MIEL

Seberang Perai Tengah, Pulau Pinang · Industrial · 14 recorded sales, May 2021 to Mar 2024

No sale recorded since Mar 2024Semi-Detached Factory/Warehouse · 12Detached Factory/Warehouse · 2
RM 2,452psf median, against main floor area · 14 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 412 – 4,472 psf
Median price
RM 4,150,000
Price range
RM 1.30m – RM 11.81m
Main floor area
900 – 24,720 sq ft
Land area
7,812 – 129,334 sq ft
Median price per sq ft of land
RM 191

Median of 14 sales that carry a usable area, out of 14 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 21,472 sq ft against 2,304. 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 Mar 2024. Last on record: 8 Mar 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 387 psf
20225 · RM 417 psf
20236 · RM 4,575 psf
20241 · RM 4,100 psf

Quarterly medians · not a price trend

02,5525,1032021 Q2 — RM 364 psf, 1 sale2021 Q3 — RM 410 psf, 1 sale2022 Q1 — RM 251 psf, 3 sales2022 Q2 — RM 4,189 psf, 1 sale2022 Q4 — RM 3,850 psf, 1 sale2023 Q1 — RM 4,583 psf, 2 sales2023 Q2 — RM 1,053 psf, 3 sales2023 Q4 — RM 4,566 psf, 1 sale2024 Q1 — RM 4,100 psf, 1 sale
2021 Q22024 Q1
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 · 14 priced sales

RM 251–580 psf — 6 salesRM 580–908 psf — 0 salesRM 908–1,237 psf — 1 saleRM 1,237–1,565 psf — 0 salesRM 1,565–1,894 psf — 0 salesRM 1,894–2,222 psf — 0 salesRM 2,222–2,551 psf — 0 salesRM 2,551–2,879 psf — 0 salesRM 2,879–3,208 psf — 0 salesRM 3,208–3,537 psf — 0 salesRM 3,537–3,865 psf — 1 saleRM 3,865–4,194 psf — 2 salesRM 4,194–4,522 psf — 0 salesRM 4,522–4,851 psf — 4 sales
RM 251RM 4,851 psf

Each bar counts sales in a RM 329 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 · 14 of 14

DateTypeArea (sq ft)PricepsfTenure
8 Mar 2024Semi-Detached Factory/Warehouse1,000RM 4,100,0004,100Leasehold
9 Oct 2023Semi-Detached Factory/Warehouse1,008RM 4,600,0004,566Freehold
9 Jun 2023Semi-Detached Factory/Warehouse3,600RM 1,800,000500Leasehold
9 Jun 2023Detached Factory/Warehouse11,218RM 11,813,6611,053Leasehold
22 May 2023Semi-Detached Factory/Warehouse900RM 4,450,0004,945Leasehold
2 Mar 2023Semi-Detached Factory/Warehouse960RM 4,400,0004,583Leasehold
2 Mar 2023Semi-Detached Factory/Warehouse960RM 4,400,0004,583Leasehold
6 Oct 2022Semi-Detached Factory/Warehouse1,000RM 3,850,0003,850Leasehold
18 Apr 2022Semi-Detached Factory/Warehouse1,003RM 4,200,0004,189Leasehold
17 Feb 2022Semi-Detached Factory/Warehouse5,176RM 1,300,000251Leasehold
17 Feb 2022Semi-Detached Factory/Warehouse5,176RM 1,300,000251Leasehold
5 Jan 2022Semi-Detached Factory/Warehouse3,600RM 1,500,000417Leasehold
5 Aug 2021Semi-Detached Factory/Warehouse5,000RM 2,050,000410Leasehold
19 May 2021Detached Factory/Warehouse24,720RM 9,000,000364Freehold

Tenure across all 14 sales: Leasehold 12 · Freehold 2.

Others in Seberang Perai Tengah · industrial

BANDAR PERDA
RM 327 psf · 7 sales · 6.3 km
TAMAN PERUSAHAAN PELANGI
RM 659 psf · 5 sales · 6.9 km
TAMAN INDUSTRI MACHANG INDAH
RM 189 psf · 27 sales · 8.6 km
INDUSTRI BUKIT MINYAK(PDC)
RM 813 psf · 33 sales · 12 km
TMN USAHAJAYA
RM 279 psf · 31 sales · 13.8 km
INDUSTRI PERMATANG TINGGI
RM 826 psf · 15 sales · 14.5 km
TAMAN INDUSTRI IMPIAN
RM 1,123 psf · 12 sales · 14.5 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.