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Siram Industrial Park
Industrial Transaction Prices
Siram Industrial Park is a township/project located in Seberang Perai Utara, Pulau Pinang. The median transacted price for Siram Industrial Park is RM 2,250,000 with a median transacted price of RM 455.06 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 2,250,000
-25.00% YoY
Lower: RM 1,610,000
Upper: RM 3,050,000
Median price per sq.ft. (psf)
RM 455.06
16.71% YoY
Lower: RM 389.26
Upper: RM 663.72
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.
Siram Industrial Park Median Price Psf
Latest Transactions from Apr 22 to Mar 23
(5 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| March 2023 | Warehouse | Freehold | Tingkat Siram Dua | 5,780.21 sq.ft | 2,239.64 sq.ft | RM 2,250,000 | RM 389 |
| February 2023 | Warehouse | Freehold | Tingkat Siram Dua | 5,780.21 sq.ft | 2,239.64 sq.ft | RM 2,250,000 | RM 389 |
| October 2022 | Warehouse | Freehold | Jalan Siram | 2,411.11 sq.ft | 3,760.05 sq.ft | RM 1,750,000 | RM 726 |
| May 2022 | Warehouse | Freehold | Jalan Siram | 2,443.41 sq.ft | 3,760.05 sq.ft | RM 1,470,000 | RM 602 |
| May 2022 | Warehouse | Freehold | Jalan Siram | 8,460.43 sq.ft | 2,239.64 sq.ft | RM 3,850,000 | RM 455 |
March 2023
Type: Warehouse
Tenure: Freehold
Road: Tingkat Siram Dua
Land Area: 5,780.21 sq.ft
Build Area: 2,239.64 sq.ft
Transaction: RM 2,250,000
Price PSF: RM 389
February 2023
Type: Warehouse
Tenure: Freehold
Road: Tingkat Siram Dua
Land Area: 5,780.21 sq.ft
Build Area: 2,239.64 sq.ft
Transaction: RM 2,250,000
Price PSF: RM 389
October 2022
Type: Warehouse
Tenure: Freehold
Road: Jalan Siram
Land Area: 2,411.11 sq.ft
Build Area: 3,760.05 sq.ft
Transaction: RM 1,750,000
Price PSF: RM 726
May 2022
Type: Warehouse
Tenure: Freehold
Road: Jalan Siram
Land Area: 2,443.41 sq.ft
Build Area: 3,760.05 sq.ft
Transaction: RM 1,470,000
Price PSF: RM 602
May 2022
Type: Warehouse
Tenure: Freehold
Road: Jalan Siram
Land Area: 8,460.43 sq.ft
Build Area: 2,239.64 sq.ft
Transaction: RM 3,850,000
Price PSF: RM 455
Frequently Asked Questions
What factors affect industrial property prices in Siram Industrial Park, Seberang Perai Utara?
Industrial property prices in Siram Industrial Park, Seberang Perai Utara are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will industrial property prices fluctuate in Siram Industrial Park, Seberang Perai Utara?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Siram Industrial Park, Seberang Perai Utara.
How have industrial property prices changed recently in Siram Industrial Park, Seberang Perai Utara?
In the past 12 months, industrial property prices in Siram Industrial Park, Seberang Perai Utara have decreased by -25.00% YoY.
What is the median price for industrial property in Siram Industrial Park, Seberang Perai Utara?
The median price for industrial property in Siram Industrial Park, Seberang Perai Utara is RM 2,250,000.
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.