Seberang Perai Utara, Penang · Leasehold · 5 transactions
Estimated Market Value
Units (1367–4359 sqft) estimated at RM407K – RM1.30M based on median PSF of RM298/sqft (5 verified transactions)
+12.3%
since 2022
Median Price
RM850K
RM565K – RM1.10M
Median PSF
RM298
RM283 – RM380
Transactions
5
2022-12 to 2024-08
Size Range
1367 – 4359
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2024 | Terraced Factory/Warehouse | Leasehold | 3,003 | RM283 | RM850K |
| Dec 2023 | Terraced Factory/Warehouse | Leasehold | 4,359 | RM298 | RM1.30M |
| Jul 2023 | Terraced Factory/Warehouse | Leasehold | 1,367 | RM413 | RM565K |
| May 2023 | Terraced Factory/Warehouse | Leasehold | 1,367 | RM380 | RM520K |
| Dec 2022 | Terraced Factory/Warehouse | Leasehold | 4,359 | RM252 | RM1.10M |
INDUSTRI RINGAN DRB (IMATEX) · 5 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2022–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Seberang Perai Utara average
All 5 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Seberang Perai Utara & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for INDUSTRI RINGAN DRB (IMATEX)
Earliest PSF (2022)
RM252
Current PSF (2024)
RM283
Capital Gain
+12.3%
Total Return (est.)
10.2% p.a.
| Capital appreciation (2 years) | +12.3% |
| Annualised capital return | +6.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 10.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +13.3% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,800/mo
Rent Range
RM2300-3300
25th – 75th pct
Rent PSF
RM0.99
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM2,400/mo |
| Semi Furnished | RM2,800/mo |
| Fully Furnished | RM3,500/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,350 sqft | 2 | RM565K | RM413 |
| 4,350 sqft | 2 | RM1.30M | RM298 |
PSF Trend: Appreciating
PSF moved from RM252 (2022) to RM283 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
21% below Seberang Perai Utara average
This project: RM298 PSF vs Seberang Perai Utara median: RM375 PSF
Est. Total Return: 10.2% p.a. (beats FD)
Capital gain (6.2% p.a.) + rental yield (~4% p.a.)
INDUSTRI RINGAN DRB (IMATEX) delivers a strong estimated total return of 10.2% p.a. — comprising +6.2% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 21% below the Seberang Perai Utara average — potentially undervalued. Best suited for capital gain seekers.
Full investment analysis locked
ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
One-time payment · Instant access · No subscription
Compare with another scheme
Side-by-side PSF, ROI and price trends
Looking for new launches in Seberang Perai Utara?
Browse developer prices and floor plans