MENGLEMBU INDUSTRIAL PARK

Area Intelligence
2022
Median Price
RM 565,000
PSF: RM 140

Commercial PSF Trends

Median Price

RM 565,000

RM 140 PSF

MENGLEMBU INDUSTRIAL PARK in Kinta, Perak recorded 8 subsale transactions in 2022, priced between RM 500K and RM 1.00 million, with a median price of RM 565K and a median price per square foot (PSF) of RM 140.

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 565K, with most transactions falling within a stable range of RM 500K to RM 702K, and a typical market range of RM 500K to RM 638K.

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

The median PSF stands at RM 140, with core pricing between RM 116 and RM 163. Market pricing typically extends from RM 125.01 to RM 154.01, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

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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Property Transactions

8 transactions grouped by size

3,500 sqft
Semi-D Factory
RM 515,000
HALA PERUSAHAAN KLEDANG UTARA 2
3,498 sqft · RM 147 PSF
3,850 sqft
Semi-D Factory
RM 550,000
HALA PERUSAHAAN KLEDANG UTARA 5
3,853 sqft · RM 143 PSF
3,900 sqft
Semi-D Factory
RM 685,000
HALA PERUSAHAAN KLEDANG UTARA 13
3,918 sqft · RM 175 PSF
4,400 sqft
Semi-D Factory
RM 600,000
HALA PERUSAHAAN KLEDANG UTARA 1
4,402 sqft · RM 136 PSF
RM 550,000
HALA PERUSAHAAN KLEDANG UTARA 2
4,402 sqft · RM 125 PSF
RM 500,000
HALA PERUSAHAAN KLEDANG UTARA 1
4,402 sqft · RM 114 PSF
5,900 sqft
Semi-D Factory
RM 580,000
HALA PERUSAHAAN KLEDANG UTARA 2
5,877 sqft · RM 99 PSF
5,950 sqft
Semi-D Factory
RM 950,000
HALA PERUSAHAAN KLEDANG UTARA 4
5,942 sqft · RM 160 PSF

No Properties For Sale

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

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