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TAMAN PERUSAHAAN PELANGI

Seberang Perai Tengah, Pulau Pinang · Industrial · 5 recorded sales, Jun 2023 to Sep 2024

No sale recorded since Sep 2024Semi-Detached Factory/Warehouse · 5
RM 659psf median, against main floor area · 5 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 659791 psf
Median price
RM 3,028,500
Price range
RM 2.37mRM 3.50m
Main floor area
3,0005,310 sq ft
Land area
7,50311,087 sq ft
Median price per sq ft of land
RM 316

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 9,537 sq ft against 5,310. 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: 24 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.

20232 · RM 574 psf
20243 · RM 791 psf

Quarterly medians · not a price trend

4406959492023 Q2 — RM 659 psf, 1 sale2023 Q4 — RM 490 psf, 1 sale2024 Q1 — RM 900 psf, 2 sales2024 Q3 — RM 659 psf, 1 sale
2023 Q22024 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 · 5 priced sales

RM 503–538 psf — 1 saleRM 538–573 psf — 0 salesRM 573–608 psf — 0 salesRM 608–643 psf — 0 salesRM 643–678 psf — 2 salesRM 678–713 psf — 0 salesRM 713–748 psf — 0 salesRM 748–783 psf — 0 salesRM 783–818 psf — 1 saleRM 818–853 psf — 0 salesRM 853–887 psf — 0 salesRM 887–922 psf — 0 salesRM 922–957 psf — 0 salesRM 957–992 psf — 1 sale
RM 503RM 992 psf

Each bar counts sales in a RM 35 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
24 Sep 2024Semi-Detached Factory/Warehouse5,310RM 3,500,000659Freehold
1 Mar 2024Semi-Detached Factory/Warehouse3,000RM 3,028,5001,010Freehold
1 Mar 2024Semi-Detached Factory/Warehouse3,000RM 2,371,000791Freehold
29 Dec 2023Semi-Detached Factory/Warehouse5,310RM 2,600,000490Freehold
19 Jun 2023Semi-Detached Factory/Warehouse5,310RM 3,500,000659Freehold

Others in Seberang Perai Tengah · industrial

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.