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INDUSTRI RINGAN DRB (IMATEX)

Seberang Perai Utara, Pulau Pinang · Industrial · 5 recorded sales, Dec 2022 to Aug 2024

No sale recorded since Aug 2024Terraced Factory/Warehouse · 5
RM 299psf median, against main floor area · 5 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 283 – 380 psf
Median price
RM 850,000
Price range
RM 520k – RM 1.30m
Main floor area
1,367 – 4,355 sq ft
Land area
1,399 – 3,531 sq ft
Median price per sq ft of land
RM 372

Median of 5 sales that carry a usable area, out of 5 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 2,250 sq ft against 3,000. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Aug 2024. Last on record: 27 Aug 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20221 · RM 253 psf
20233 · RM 380 psf
20241 · RM 283 psf

Quarterly medians · not a price trend

2333334322022 Q4 — RM 253 psf, 1 sale2023 Q2 — RM 380 psf, 1 sale2023 Q3 — RM 413 psf, 1 sale2023 Q4 — RM 299 psf, 1 sale2024 Q3 — RM 283 psf, 1 sale
2022 Q42024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for industrial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 5 priced sales

RM 255–266 psf — 1 saleRM 266–277 psf — 0 salesRM 277–288 psf — 1 saleRM 288–300 psf — 1 saleRM 300–311 psf — 0 salesRM 311–322 psf — 0 salesRM 322–333 psf — 0 salesRM 333–344 psf — 0 salesRM 344–355 psf — 0 salesRM 355–366 psf — 0 salesRM 366–377 psf — 0 salesRM 377–388 psf — 1 saleRM 388–400 psf — 0 salesRM 400–411 psf — 1 sale
RM 255RM 411 psf

Each bar counts sales in a RM 11 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
27 Aug 2024Terraced Factory/Warehouse3,000RM 850,000283Leasehold
27 Dec 2023Terraced Factory/Warehouse4,355RM 1,300,000299Leasehold
19 Jul 2023Terraced Factory/Warehouse1,367RM 565,000413Leasehold
31 May 2023Terraced Factory/Warehouse1,367RM 520,000380Leasehold
13 Dec 2022Terraced Factory/Warehouse4,354RM 1,100,000253Leasehold

Others in Seberang Perai Utara · industrial

TMN INDUSTRI SOUTHTECH
RM 328 psf · 16 sales
ORANGE INDUSTRIAL PARK
RM 1,208 psf · 15 sales
TAMAN INDUSTRI SUNGAI LOKAN
RM 1,609 psf · 10 sales
TAMAN INDUSTRI SG PUYU
RM 674 psf · 10 sales
INDUSTRI RINGAN TERAS JAYA
RM 455 psf · 8 sales
SOON CORPORATION
RM 333 psf · 7 sales
KAW INDUSTRI MAK MANDIN
RM 422 psf · 7 sales
SIRAM INDUSTRIAL PARK
RM 1,295 psf · 7 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.