Perak
Kinta
Ulu Kinta
MENGLEMBU INDUSTRIAL PARK

MENGLEMBU INDUSTRIAL PARK

Area Intelligence

2022

Median Price

RM 765,000

PSF: RM 130

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Commercial PSF Trends

Median Price

RM 765,000

RM 130 PSF

MENGLEMBU INDUSTRIAL PARK in Kinta, Perak recorded 2 subsale transactions in 2022, with a median price of RM 765K and a median price per square foot (PSF) of RM 130.

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 765K, with most transactions falling within a stable range of RM 580K to RM 950K, and a typical market range of RM 693K to RM 838K.

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

Price per square foot shows a median of RM 130, though individual units vary from RM 99 to RM 160 in the core range. The broader market spans RM 115.00 to RM 144.00, indicating diverse property characteristics. The spread of RM 29.00 (IQR) and deviation of RM 31 (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. 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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