MENGLEMBU INDUSTRIAL PARK

Area Intelligence
2021
Median Price
RM 465,000
PSF: RM 121

Commercial PSF Trends

Median Price

RM 465,000

RM 121 PSF

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 450K to RM 480K, and a typical market range of RM 450K to RM 480K.

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

For price per square foot, the median is RM 121, with most transactions between RM 117 and RM 125. The usual range is RM 106.50 to RM 135.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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 PARK, Kinta, Perak

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Transactions

2 transactions found

RM 450,000
HALA PERUSAHAAN KLEDANG UTARA 2
3,853 sqft RM 117.00 PSF
RM 480,000
HALA PERUSAHAAN KLEDANG UTARA 4
3,853 sqft RM 125.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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