MENGLEMBU EAST INDUSTRIAL PARK

Area Intelligence
2023
Median Price
RM 710,000
PSF: RM 118

Commercial PSF Trends

Median Price

RM 710,000

RM 118 PSF

MENGLEMBU EAST INDUSTRIAL PARK in Kinta, Perak recorded 5 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 118.

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 710K, with most transactions falling within a stable range of RM 646K to RM 774K, and a typical market range of RM 660K to RM 760K.

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

For price per square foot, the median is RM 118, with most transactions between RM 111 and RM 125. The usual range is RM 111.00 to RM 125.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 7 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MENGLEMBU EAST INDUSTRIAL PARK, Kinta, Perak

OSM

Track location

Transactions

5 transactions grouped by size

5,000 sqft
Semi-D Factory
RM 620,000
HALA MENGLEMBU TIMUR 4
5,005 sqft · RM 124 PSF
RM 650,000
HALA MENGLEMBU TIMUR 8
5,005 sqft · RM 130 PSF
6,100 sqft
Semi-D Factory
RM 710,000
HALA MENGLEMBU TIMUR 8
6,103 sqft · RM 116 PSF
6,300 sqft
Semi-D Factory
RM 740,000
HALA MENGLEMBU TIMUR 8
6,297 sqft · RM 118 PSF
7,400 sqft
Semi-D Factory
RM 800,000
HALA MENGLEMBU TIMUR 12
7,395 sqft · RM 108 PSF

No Properties For Sale

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

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