GOPENG INDUSTRIAL PARK

GOPENG INDUSTRIAL PARK in Kinta, Perak recorded 2 subsale transactions in 2022, with a median price of RM 693K and a median price per square foot (PSF) of RM 109.

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 693K, with most transactions falling within a stable range of RM 615K to RM 770K, and a typical market range of RM 615K to RM 770K.

Most transactions involved detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 109, with most transactions between RM 103 and RM 114. The usual range is RM 94.75 to RM 122.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.50 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.