| Road | Price | PSF | Size | Date | Type |
|---|
|
Laluan Perusahaan Mengelembu 2
|
RM 550,000
|
RM 189
|
2,917 sqft
|
|
|
|
Laluan Perusahaan Menglembu 2
|
RM 510,000
|
RM 175
|
2,917 sqft
|
|
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Market Snapshot
CommercialRM 530,000
RM 182 psfMedian transaction price
Menglembu Industrial Area (Pknp) in Kinta, Perak recorded 2 subsale transactions between 2021 and 2026, sized between 2,875 and 2,924 sqft, with a median price of RM 530K and a median price per square foot (PSF) of RM 182.
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 530K, with most transactions falling within a stable range of RM 510K to RM 550K, and a typical market range of RM 510K to RM 550K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 182, with most transactions between RM 175 and RM 189. The usual range is RM 74.82 to RM 288.57, showing that most units are priced quite close to each other. With an IQR of RM 213.75 and MAD of RM 7, 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.