Perak
Kinta
Ulu Kinta
MENGLEMBU INDUSTRIAL PARK

MENGLEMBU INDUSTRIAL PARK

Area Intelligence

2023

Median Price

RM 1,000,000

PSF: RM 143

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Commercial PSF Trends

Median Price

RM 1,000,000

RM 143 PSF

MENGLEMBU INDUSTRIAL PARK in Kinta, Perak recorded 1 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 143.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 143, with most transactions between RM 143 and RM 143. The usual range is RM 128.43 to RM 157.43, 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 0 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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MENGLEMBU INDUSTRIAL PARK, Kinta, Perak

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