| Road | Price | PSF | Size | Date | Type |
|---|
|
Laluan Perusahaan Menglembu 2
|
RM 695,000
|
RM 169
|
4,112 sqft
|
|
Posts about Menglembu Industrial Area (Pknp)
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Market Snapshot
CommercialRM 695,000
RM 169 psfMedian transaction price
Menglembu Industrial Area (Pknp) in Kinta, Perak recorded 1 subsale transactions in 2023, with a median price of RM 695K and a median price per square foot (PSF) of RM 169.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 169, with most transactions between RM 169 and RM 169. The usual range is RM 62.16 to RM 275.91, showing that most units are priced quite close to each other. With an IQR of RM 213.75 and MAD of RM 0, 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.