Pulau Pinang
Industrial Transaction Prices
Pulau Pinang is one of the 13 states in Malaysia. The median transacted price for the state of Pulau Pinang is RM 1,550,000 with a median transacted price of RM 352.39 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 1,550,000
-15.30% YoY
Lower: RM 770,000
Upper: RM 2,800,000
Median price per sq.ft. (psf)
RM 352.39
9.58% YoY
Lower: RM 287.58
Upper: RM 428.78
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Pulau Pinang Median Price Psf
Pulau Pinang Property Transactions: Areas, Projects, and Buildings
61 Results (127 Transactions)
| Project/township/building | Tenure | Type | Median price | Median PSF | Transaction |
|---|---|---|---|---|---|
KAWASAN INDUSTRI VALDOR Seberang Perai Selatan, Pulau Pinang | Freehold | Warehouse | RM 1,525,000 | RM 602 | 10 |
TAMAN ASAS JAYA(INDUSTRIAL RINGAN) Seberang Perai Tengah, Pulau Pinang | Freehold | Warehouse | RM 680,000 | RM 390 | 7 |
TAMAN INDUSTRI MACHANG INDAH Seberang Perai Tengah, Pulau Pinang | Freehold | Warehouse | RM 510,000 | RM 124 | 7 |
ORANGE INDUSTRIAL PARK Seberang Perai Utara, Pulau Pinang | Freehold | Warehouse | RM 3,409,500 | RM 351 | 6 |
KOMPLEK ADORNA GOLD Timur Laut, Pulau Pinang | Freehold | Industrial Land | RM 450,000 | RM 392 | 4 |
TAMAN USAHAJAYA Seberang Perai Tengah, Pulau Pinang | Freehold | Warehouse | RM 680,000 | RM 346 | 4 |
VORTEX BUSINESS PARK Seberang Perai Selatan, Pulau Pinang | Freehold | Warehouse | RM 2,825,000 | RM 424 | 4 |
SAGA JAYA (INDUSTRI) Seberang Perai Tengah, Pulau Pinang | Freehold | Warehouse | RM 1,115,000 | RM 305 | 4 |
KAWASAN INDUSTRI RINGAN PMTANJONG TINGGI Seberang Perai Tengah, Pulau Pinang | Freehold | Warehouse | RM 2,100,000 | RM 284 | 3 |
BANDAR PERDA (PMTANJONG ROTAN) Seberang Perai Tengah, Pulau Pinang | Freehold | Warehouse | RM 1,350,000 | RM 548 | 3 |
KAWASAN INDUSTRI VALDOR
Seberang Perai Selatan, Pulau Pinang
TAMAN ASAS JAYA(INDUSTRIAL RINGAN)
Seberang Perai Tengah, Pulau Pinang
TAMAN INDUSTRI MACHANG INDAH
Seberang Perai Tengah, Pulau Pinang
ORANGE INDUSTRIAL PARK
Seberang Perai Utara, Pulau Pinang
KOMPLEK ADORNA GOLD
Timur Laut, Pulau Pinang
TAMAN USAHAJAYA
Seberang Perai Tengah, Pulau Pinang
VORTEX BUSINESS PARK
Seberang Perai Selatan, Pulau Pinang
SAGA JAYA (INDUSTRI)
Seberang Perai Tengah, Pulau Pinang
KAWASAN INDUSTRI RINGAN PMTANJONG TINGGI
Seberang Perai Tengah, Pulau Pinang
BANDAR PERDA (PMTANJONG ROTAN)
Seberang Perai Tengah, Pulau Pinang
Frequently Asked Questions
What factors affect industrial property prices in Pulau Pinang, Malaysia?
Industrial property prices in Pulau Pinang, Malaysia are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will industrial property prices fluctuate in Pulau Pinang, Malaysia?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Pulau Pinang, Malaysia.
How have industrial property prices changed recently in Pulau Pinang, Malaysia?
In the past 12 months, industrial property prices in Pulau Pinang, Malaysia have decreased by -15.30% YoY.
What is the median price for industrial property in Pulau Pinang, Malaysia?
The median price for industrial property in Pulau Pinang, Malaysia is RM 1,550,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.