MENGLEMBU INDUSTRIAL PARK

MENGLEMBU INDUSTRIAL PARK in Kinta, Perak recorded 2 subsale transactions in 2021, with a median price of RM 465K and a median price per square foot (PSF) of RM 121.

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 465K, with most transactions falling within a stable range of RM 395K to RM 535K, and a typical market range of RM 393K to RM 538K.

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

The median PSF stands at RM 121, with core pricing between RM 108 and RM 134. Market pricing typically extends from RM 106.50 to RM 135.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 13, 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.