Perak
Kinta
Ulu Kinta
MENGLEMBU JAYA INDUSTRIAL PARK

MENGLEMBU JAYA INDUSTRIAL PARK

Area Intelligence

2024

Median Price

RM 750,000

PSF: RM 164

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MENGLEMBU JAYA INDUSTRIAL PARK in Kinta, Perak recorded 2 subsale transactions in 2024, priced between RM 500K and RM 1.00 million, with a median price of RM 750K and a median price per square foot (PSF) of RM 164.

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 750K, with most transactions falling within a stable range of RM 600K to RM 900K, and a typical market range of RM 600K to RM 900K.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 164, with most transactions between RM 150 and RM 179. The usual range is RM 112.76 to RM 216.02, showing that most units are priced quite close to each other. With an IQR of RM 103.25 and MAD of RM 14, 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.

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MENGLEMBU JAYA INDUSTRIAL PARK, Kinta, Perak

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