PEKAN MENGLEMBU

Area Intelligence
2023
Median Price
RM 690,000
PSF: RM 288

Commercial PSF Trends

Median Price

RM 690,000

RM 288 PSF

PEKAN MENGLEMBU in Kinta, Perak recorded 1 subsale transactions in 2023, with a median price of RM 690K and a median price per square foot (PSF) of RM 288.

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 690K, with most transactions falling within a stable range of RM 635K to RM 745K, and a typical market range of RM 645K to RM 735K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 288, though individual units vary from RM 144 to RM 433 in the core range. The broader market spans RM 147.25 to RM 428.75, indicating diverse property characteristics. A wider spread (IQR: RM 281.50) and deviation (MAD: RM 145) 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN MENGLEMBU, Kinta, Perak

OSM

Track location

Transactions

1 transactions grouped by size

2,400 sqft
Double Storey Shop
RM 690,000
MAIN ROAD
2,400 sqft · RM 288 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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