Industri Ringan Drb (Imatex) in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM850K and a median price per square foot (PSF) of RM298.

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 RM850K, with most transactions falling within a stable range of RM565K to RM1.14 million, and a typical market range of RM583K to RM1.12 million.

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

For price per square foot, the median is RM298, with most transactions between RM292 and RM304. The usual range is RM293.21 to RM303.21, showing that most units are priced quite close to each other. A typical spread (IQR) of RM10.00 and an average deviation (MAD) of RM6 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.