SIPUTEH LIGHT INDUSTRIAL PARK

SIPUTEH LIGHT INDUSTRIAL PARK in Kinta, Perak recorded 4 subsale transactions in 2023, with a median price of RM 388K and a median price per square foot (PSF) of RM 75.

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 RM 388K, with most transactions falling within a stable range of RM 267K to RM 508K, and a typical market range of RM 326K to RM 449K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 75, though individual units vary from RM 52 to RM 98 in the core range. The broader market spans RM 64.13 to RM 85.88, indicating diverse property characteristics. A wider spread (IQR: RM 21.75) and deviation (MAD: RM 23) indicate significant PSF variations, likely due to diverse property types or conditions.

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.