Industri Ringan Drb (Imatex)

Butterworth, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM1,200,000
PSF
RM275
Price Size
Period
transactions middle 50% (P25–P75)
RM1,300,000
Lorong Mak Mandin 5/3
4,359 sqft RM298 PSF
RM1,100,000
Lorong Mak Mandin 5/3
4,359 sqft RM252 PSF
Legend Recent Highest Price Highest PSF

Selling in Industri Ringan Drb (Imatex)? Homes here sold for a median of RM1,200,000.

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Posts about Industri Ringan Drb (Imatex)

What’s happening in Industri Ringan Drb (Imatex)?

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Industri Ringan Drb (Imatex) in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 4,325 and 4,374 sqft, with a median price of RM1.20 million and a median price per square foot (PSF) of RM275.

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 RM1.20 million, with most transactions falling within a stable range of RM1.10 million to RM1.30 million, and a typical market range of RM1.10 million to RM1.30 million.

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

For price per square foot, the median is RM275, with most transactions between RM252 and RM298. The usual range is RM270.27 to RM280.27, showing that most units are priced quite close to each other. A typical spread (IQR) of RM10.00 and an average deviation (MAD) of RM23 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.