PENGKALAN INDUSTRIAL PARK

PENGKALAN INDUSTRIAL PARK in Kinta, Perak recorded 3 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 800K and a median price per square foot (PSF) of RM 127.

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 800K, with most transactions falling within a stable range of RM 800K to RM 832K, and a typical market range of RM 800K to RM 868K.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 127, though individual units vary from RM 73 to RM 181 in the core range. The broader market spans RM 95.55 to RM 158.55, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

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.