IGB INTERNATIONAL INDUSTRIAL PARK

IGB INTERNATIONAL INDUSTRIAL PARK in Kinta, Perak recorded 9 subsale transactions in 2023, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 167.

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 1.30 million, with most transactions falling within a stable range of RM 1.04 million to RM 1.56 million, and a typical market range of RM 1.08 million to RM 1.53 million.

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

The median PSF stands at RM 167, with core pricing between RM 145 and RM 189. Market pricing typically extends from RM 122.50 to RM 211.50, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 22, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.