Perak
Kinta
Ulu Kinta
MENGLEMBU INDUSTRIAL AREA (PKNP)

MENGLEMBU INDUSTRIAL AREA (PKNP)

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 325

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Commercial PSF Trends

Median Price

RM 500,000

RM 325 PSF

MENGLEMBU INDUSTRIAL AREA (PKNP) in Kinta, Perak recorded 1 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 325.

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 500K, with most transactions falling within a stable range of RM 278K to RM 723K, and a typical market range of RM 98K to RM 903K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 325, though individual units vary from RM 223 to RM 427 in the core range. The broader market spans RM 218.13 to RM 431.88, indicating diverse property characteristics. A wider spread (IQR: RM 213.75) and deviation (MAD: RM 102) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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MENGLEMBU INDUSTRIAL AREA (PKNP), Kinta, Perak

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