I-PARK (MENGLEMBU)

Area Intelligence
2023
Median Price
RM 780,000
PSF: RM 112

Commercial PSF Trends

Median Price

RM 780,000

RM 112 PSF

I-PARK (MENGLEMBU) in Kinta, Perak recorded 3 subsale transactions in 2023, with a median price of RM 780K and a median price per square foot (PSF) of RM 112.

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 780K, with most transactions falling within a stable range of RM 588K to RM 972K, and a typical market range of RM 655K to RM 905K.

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

Price per square foot shows a median of RM 112, though individual units vary from RM 77 to RM 147 in the core range. The broader market spans RM 90.75 to RM 133.25, indicating diverse property characteristics. A wider spread (IQR: RM 42.50) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.

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

OSM

Track location

Transactions

3 transactions grouped by size

5,050 sqft
Semi-D Factory
RM 530,000
JALAN MENGLEMBU IMPIANA 33
5,074 sqft · RM 104 PSF
5,500 sqft
Semi-D Factory
RM 1,000,000
JALAN MENGLEMBU IMPIAN 3
5,500 sqft · RM 182 PSF
7,000 sqft
Semi-D Factory
RM 780,000
JALAN PERINDUSTRIAN MENGLEMBU IMPIAN 3
6,979 sqft · RM 112 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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