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PERAI-PERUSAHAAN IV

Seberang Perai Tengah, Pulau Pinang · Industrial · 10 recorded sales, Nov 2021 to Dec 2023

No sale recorded since Dec 2023Detached Factory/Warehouse · 10
RM 1,060psf median, against main floor area · 10 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 543 – 1,680 psf
Median price
RM 12,650,000
Price range
RM 3.40m – RM 43.50m
Main floor area
1,920 – 80,267 sq ft
Land area
30,693 – 457,744 sq ft
Median price per sq ft of land
RM 101

Median of 10 sales that carry a usable area, out of 10 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 94,550 sq ft against 22,250. 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 Dec 2023. Last on record: 8 Dec 2023.

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 344 psf
20224 · RM 1,569 psf
20235 · RM 1,200 psf

Quarterly medians · not a price trend

1191,2812,4442021 Q4 — RM 344 psf, 1 sale2022 Q1 — RM 919 psf, 1 sale2022 Q3 — RM 2,219 psf, 3 sales2023 Q2 — RM 1,408 psf, 3 sales2023 Q4 — RM 728 psf, 2 sales
2021 Q42023 Q4
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 · 10 priced sales

RM 272–434 psf — 2 salesRM 434–596 psf — 1 saleRM 596–759 psf — 0 salesRM 759–921 psf — 2 salesRM 921–1,084 psf — 0 salesRM 1,084–1,246 psf — 1 saleRM 1,246–1,409 psf — 1 saleRM 1,409–1,571 psf — 0 salesRM 1,571–1,734 psf — 0 salesRM 1,734–1,896 psf — 1 saleRM 1,896–2,059 psf — 0 salesRM 2,059–2,221 psf — 1 saleRM 2,221–2,384 psf — 0 salesRM 2,384–2,546 psf — 1 sale
RM 272RM 2,546 psf

Each bar counts sales in a RM 162 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 · 10 of 10

DateTypeArea (sq ft)PricepsfTenure
8 Dec 2023Detached Factory/Warehouse3,250RM 3,900,0001,200Leasehold
14 Nov 2023Detached Factory/Warehouse59,853RM 15,300,000256Leasehold
9 Jun 2023Detached Factory/Warehouse21,313RM 30,000,0001,408Freehold
9 Jun 2023Detached Factory/Warehouse80,267RM 35,000,000436Leasehold
9 Jun 2023Detached Factory/Warehouse1,920RM 3,400,0001,771Leasehold
27 Sep 2022Detached Factory/Warehouse3,820RM 10,000,0002,618Leasehold
24 Aug 2022Detached Factory/Warehouse23,188RM 20,000,000863Leasehold
22 Aug 2022Detached Factory/Warehouse3,200RM 7,100,0002,219Leasehold
21 Jan 2022Detached Factory/Warehouse47,332RM 43,500,000919Leasehold
23 Nov 2021Detached Factory/Warehouse25,406RM 8,732,000344Leasehold

Tenure across all 10 sales: Leasehold 9 · Freehold 1.

Others in Seberang Perai Tengah · industrial

TMN ASAS JAYA(IND RINGAN)
RM 195 psf · 41 sales
INDUSTRI BUKIT MINYAK(PDC)
RM 813 psf · 33 sales
TMN USAHAJAYA
RM 279 psf · 31 sales
TAMAN INDUSTRI MACHANG INDAH
RM 189 psf · 27 sales
KAW P'HAAN RINGAN JURU(1025 & 1026)
RM 389 psf · 20 sales
TMN INDUSTRI RINGAN MKDV
RM 308 psf · 17 sales
INDUSTRI PERMATANG TINGGI
RM 826 psf · 15 sales
PERAI-MIEL
RM 2,452 psf · 14 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.