INDUSTRI RINGAN DRB (IMATEX)

INDUSTRI RINGAN DRB (IMATEX) in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 543K and a median price per square foot (PSF) of RM 388.

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 RM 543K, with most transactions falling within a stable range of RM 258K to RM 828K, and a typical market range of RM 275K to RM 810K.

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

For price per square foot, the median is RM 388, with most transactions between RM 382 and RM 394. The usual range is RM 383.00 to RM 393.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.