Perak
Kinta
Ulu Kinta
MENGLEMBU INDUSTRIAL AREA

MENGLEMBU INDUSTRIAL AREA

Area Intelligence

2022

Median Price

RM 1,594,000

PSF: RM 91

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MENGLEMBU INDUSTRIAL AREA in Kinta, Perak recorded 2 subsale transactions in 2022, priced between RM 750K and RM 2.00 million, with a median price of RM 1.59 million and a median price per square foot (PSF) of RM 91.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.59 million, with most transactions falling within a stable range of RM 1.39 million to RM 1.80 million, and a typical market range of RM 1.39 million to RM 1.80 million.

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

The median PSF stands at RM 91, with core pricing between RM 76 and RM 107. Market pricing typically extends from RM 77.58 to RM 104.58, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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MENGLEMBU INDUSTRIAL AREA, Kinta, Perak

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