MENGLEMBU INDUSTRIAL AREA

MENGLEMBU INDUSTRIAL AREA in Kinta, Perak recorded 3 subsale transactions in 2022, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 100.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.80 million, with most transactions falling within a stable range of RM 1.47 million to RM 2.13 million, and a typical market range of RM 1.57 million to RM 2.03 million.

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

The median PSF stands at RM 100, with core pricing between RM 87 and RM 113. Market pricing typically extends from RM 86.50 to RM 113.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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.