CHANDAN RAYA INDUSTRIAL PARK

CHANDAN RAYA INDUSTRIAL PARK in Kinta, Perak recorded 10 subsale transactions in 2024, with a median price of RM 740K and a median price per square foot (PSF) of RM 159.

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 740K, with most transactions falling within a stable range of RM 674K to RM 806K, and a typical market range of RM 674K to RM 806K.

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

The median PSF stands at RM 159, with core pricing between RM 141 and RM 176. Market pricing typically extends from RM 146.38 to RM 170.63, reflecting moderate variation in unit pricing. With an IQR of RM 24.25 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.