I-PARK (MENGLEMBU)

I-PARK (MENGLEMBU) in Kinta, Perak recorded 4 subsale transactions in 2023, with a median price of RM 705K and a median price per square foot (PSF) of RM 134.

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 705K, with most transactions falling within a stable range of RM 620K to RM 790K, and a typical market range of RM 580K to RM 830K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 134, with core pricing between RM 114 and RM 154. Market pricing typically extends from RM 112.75 to RM 155.25, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.