Industri Ringan Drb (Imatex) in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM708K and a median price per square foot (PSF) of RM339.

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 RM708K, with most transactions falling within a stable range of RM520K to RM1.02 million, and a typical market range of RM520K to RM975K.

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

The median PSF stands at RM339, with core pricing between RM285 and RM394. Market pricing typically extends from RM334.30 to RM344.30, reflecting moderate variation in unit pricing. The spread of RM10.00 (IQR) and deviation of RM55 (MAD) suggest moderate price variations reflecting different property features.

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.