INDUSTRI RINGAN DRB (IMATEX)

Area Intelligence

2022

Median Price

RM 1,100,000

PSF: RM 341

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Commercial PSF Trends

Median Price

RM 1,100,000

RM 341 PSF

INDUSTRI RINGAN DRB (IMATEX) in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 341.

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

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

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

For price per square foot, the median is RM 341, with most transactions between RM 341 and RM 341. The usual range is RM 336.00 to RM 346.00, 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 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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INDUSTRI RINGAN DRB (IMATEX), Seberang Perai Utara, Penang

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