Perak
Kinta
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ESTATE PERINDUSTRIAN. PENGKALAN II & IV

ESTATE PERINDUSTRIAN. PENGKALAN II & IV

Area Intelligence

2024

Median Price

RM 1,500,000

PSF: RM 105

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Commercial PSF Trends

Median Price

RM 1,500,000

RM 105 PSF

ESTATE PERINDUSTRIAN. PENGKALAN II & IV in Kinta, Perak recorded 2 subsale transactions in 2024, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 105.

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 1.50 million, with most transactions falling within a stable range of RM 600K to RM 2.40 million, and a typical market range of RM 900K to RM 2.10 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 105, with most transactions between RM 100 and RM 110. The usual range is RM 84.38 to RM 125.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.25 and an average deviation (MAD) of RM 5 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.

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ESTATE PERINDUSTRIAN. PENGKALAN II & IV, Kinta, Perak

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