Ijm

Lot 1768, Jalan Impian Indah 3, Alma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM1,019,000
PSF
RM330
Price Size
Period
transactions middle 50% (P25–P75)
3,100 sqft
Terrace Factory
RM838,000
Lorong Iks Juru 5
3,089 sqft · RM271 PSF
RM1,200,000
Jalan Kebun Baru
3,089 sqft · RM388 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,019,000

RM330 psf

Median transaction price

Ijm
© OpenStreetMap · CARTO

Lot 1768, Jalan Impian Indah 3, Alma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Ijm in Seberang Perai Tengah, Penang recorded 2 Terraced Factory properties subsale transactions between 2021 and 2026, with a median price of RM1.02 million and a median price per square foot (PSF) of RM330.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.02 million, with most transactions falling within a stable range of RM838K to RM1.20 million, and a typical market range of RM838K to RM1.20 million.

Within the Terraced Factory category, semi-detached factory/warehouse dominated the market, with moderate diversity in property types available.

The median PSF stands at RM330, with core pricing between RM271 and RM388. Market pricing typically extends from RM291.35 to RM368.35, reflecting moderate variation in unit pricing. The spread of RM77.00 (IQR) and deviation of RM59 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.