Industri Ringan Drb (Imatex)

Butterworth, Penang, Malaysia

Property Transactions

3 subsales found

Median
RM565,000
PSF
RM380
Price Size
Period
transactions middle 50% (P25–P75)
RM1,300,000
Lorong Mak Mandin 5/3
4,359 sqft RM298 PSF
RM565,000
Lorong Mak Mandin 5/5
1,367 sqft RM413 PSF
RM520,000
Lorong Mak Mandin 5/5
1,367 sqft RM380 PSF
Legend Recent Highest Price Highest PSF

Selling in Industri Ringan Drb (Imatex)? Homes here sold for a median of RM565,000.

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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 3 subsale transactions in 2023, with a median price of RM565K and a median price per square foot (PSF) of RM380.

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 RM565K, with most transactions falling within a stable range of RM520K to RM923K, and a typical market range of RM520K to RM833K.

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

The median PSF stands at RM380, with core pricing between RM332 and RM429. Market pricing typically extends from RM375.39 to RM385.39, reflecting moderate variation in unit pricing. With an IQR of RM10.00 and MAD of RM48, the PSF demonstrates reasonable consistency across the market.

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.