Perak
Kinta
Ulu Kinta
I-PARK (MENGLEMBU)

I-PARK (MENGLEMBU)

Area Intelligence

2023

Median Price

RM 705,000

PSF: RM 134

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Commercial PSF Trends

Median Price

RM 705,000

RM 134 PSF

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 655K to RM 630K, and a typical market range of RM 580K to RM 630K.

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 108 and RM 159. Market pricing typically extends from RM 112.40 to RM 154.90, reflecting moderate variation in unit pricing. The spread of RM 42.50 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.

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I-PARK (MENGLEMBU), Kinta, Perak

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