PEKAN MENGLEMBU in Kinta, Perak recorded 1 subsale transactions in 2024, with a median price of RM 760K and a median price per square foot (PSF) of RM 560.
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 760K, with most transactions falling within a stable range of RM 705K to RM 815K, and a typical market range of RM 715K to RM 805K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 560, though individual units vary from RM 416 to RM 705 in the core range. The broader market spans RM 419.25 to RM 700.75, 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.
