Taman Industri Cengal in Seberang Perai Utara, Penang recorded 6 Terraced Factory properties subsale transactions between 2021 and 2026, with a median price of RM790K and a median price per square foot (PSF) of RM409.

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 RM790K, with most transactions falling within a stable range of RM742K to RM830K, and a typical market range of RM750K to RM830K.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, though some variety exists in the market.

For price per square foot, the median is RM409, with most transactions between RM397 and RM421. The usual range is RM375.61 to RM442.61, showing that most units are priced quite close to each other. With an IQR of RM67.00 and MAD of RM12, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.