Perak
Kinta
Ulu Kinta
I-PARK (MENGLEMBU)

I-PARK (MENGLEMBU)

Area Intelligence

2022

Median Price

RM 682,500

PSF: RM 114

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Commercial PSF Trends

Median Price

RM 682,500

RM 114 PSF

I-PARK (MENGLEMBU) in Kinta, Perak recorded 2 subsale transactions in 2022, with a median price of RM 683K and a median price per square foot (PSF) of RM 114.

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 683K, with most transactions falling within a stable range of RM 650K to RM 715K, and a typical market range of RM 650K to RM 715K.

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

For price per square foot, the median is RM 114, with most transactions between RM 108 and RM 120. The usual range is RM 92.75 to RM 135.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.50 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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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