CHANDAN RAYA INDUSTRIAL PARK

CHANDAN RAYA INDUSTRIAL PARK in Kinta, Perak recorded 11 subsale transactions in 2023, with a median price of RM 690K and a median price per square foot (PSF) of RM 133.

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 600K to RM 1.70 million, and a typical market range of RM 624K to RM 756K.

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

The median PSF stands at RM 133, with core pricing between RM 117 and RM 149. Market pricing typically extends from RM 120.88 to RM 145.13, reflecting moderate variation in unit pricing. With an IQR of RM 24.25 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

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.