Kawasan Phaan Praiftz
Industrial Transaction Prices


Kawasan Phaan Praiftz is a township/project located in Seberang Perai Tengah, Pulau Pinang. The median transacted price for Kawasan Phaan Praiftz is RM 20,750,000 with a median transacted price of RM 103.35 per sq. ft.


Property transactions snapshot


Data shown is based on the latest 12-month available period


Median price

RM 20,750,000

-21.78%

YoY

Lower: RM 16,818,000

Upper: RM 23,800,000

Median price per sq.ft. (psf)

RM 103.35

47.64%

YoY

Lower: RM 43.51

Upper: RM 135.79


Kawasan Phaan Praiftz Median Price Psf


Monthly median price psfHighest median price psf

Latest Transactions from Sep 22 to Aug 23


(4 Transactions)

Sales DateProperty TypeTenureRoadLand Area Build Up Transaction PricePrice PSF
August 2023WarehouseLeaseholdLorong Perusahaan Baru 2188,385.03 sq.ft50,240.61 sq.ftRM 23,800,000RM 126
June 2023WarehouseLeaseholdLorong Perusahaan Satu517,143.76 sq.ft66,005.20 sq.ftRM 22,500,000RM 44
December 2022WarehouseLeaseholdJalan Perusahaan Baru 1209,293.27 sq.ft9,621.10 sq.ftRM 16,818,000RM 80
September 2022WarehouseLeaseholdTingkat Perusahaan 4a139,925.03 sq.ft43,263.45 sq.ftRM 19,000,000RM 136

August 2023

Type: Warehouse

Tenure: Leasehold

Road: Lorong Perusahaan Baru 2

Land Area: 188,385.03 sq.ft

Build Area: 50,240.61 sq.ft

Transaction: RM 23,800,000

Price PSF: RM 126

June 2023

Type: Warehouse

Tenure: Leasehold

Road: Lorong Perusahaan Satu

Land Area: 517,143.76 sq.ft

Build Area: 66,005.20 sq.ft

Transaction: RM 22,500,000

Price PSF: RM 44

December 2022

Type: Warehouse

Tenure: Leasehold

Road: Jalan Perusahaan Baru 1

Land Area: 209,293.27 sq.ft

Build Area: 9,621.10 sq.ft

Transaction: RM 16,818,000

Price PSF: RM 80

September 2022

Type: Warehouse

Tenure: Leasehold

Road: Tingkat Perusahaan 4a

Land Area: 139,925.03 sq.ft

Build Area: 43,263.45 sq.ft

Transaction: RM 19,000,000

Price PSF: RM 136

Frequently Asked Questions


What factors affect industrial property prices in Kawasan Phaan Praiftz, Seberang Perai Tengah?

Industrial property prices in Kawasan Phaan Praiftz, Seberang Perai Tengah are affected by demand, interest rates, economic conditions, local government policies, and development in the area.

Will industrial property prices fluctuate in Kawasan Phaan Praiftz, Seberang Perai Tengah?

Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Kawasan Phaan Praiftz, Seberang Perai Tengah.

How have industrial property prices changed recently in Kawasan Phaan Praiftz, Seberang Perai Tengah?

In the past 12 months, industrial property prices in Kawasan Phaan Praiftz, Seberang Perai Tengah have decreased by -21.78% YoY.

What is the median price for industrial property in Kawasan Phaan Praiftz, Seberang Perai Tengah?

The median price for industrial property in Kawasan Phaan Praiftz, Seberang Perai Tengah is RM 20,750,000.

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.

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