IMPERIAL INDUSTRIAL PARK

IMPERIAL INDUSTRIAL PARK in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 169.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 169, with most transactions between RM 169 and RM 169. The usual range is RM 167.00 to RM 171.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 4.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.