RIMA INDUSTRIAL PARK

Area Intelligence
2023
Median Price
RM 500,000
PSF: RM 94

Commercial PSF Trends

Median Price

RM 500,000

RM 94 PSF

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 9 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 94.

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 500K, with most transactions falling within a stable range of RM 351K to RM 649K, and a typical market range of RM 420K to RM 580K.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 94, though individual units vary from RM 56 to RM 132 in the core range. The broader market spans RM 83.50 to RM 104.50, indicating diverse property characteristics. A wider spread (IQR: RM 21.00) and deviation (MAD: RM 38) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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RIMA INDUSTRIAL PARK, Kinta, Perak

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Transactions

9 transactions found

RM 500,000
LALUAN INDUSTRI LAHAT 5
4,801 sqft RM 104.00 PSF
RM 600,000
PERSIARAN INDUSTRI LAHAT 11
6,889 sqft RM 87.00 PSF
RM 550,000
LALUAN INDUSTRI LAHAT 2
4,801 sqft RM 115.00 PSF
RM 440,000
PERSIARAN INDUSTRI LAHAT 7
4,801 sqft RM 92.00 PSF
RM 450,000
PERSIARAN INDUSTRI LAHAT 5
4,801 sqft RM 94.00 PSF
RM 333,000
PERSIARAN INDUSTRI LAHAT
1,604 sqft RM 208.00 PSF
RM 620,000
PERSIARAN INDUSTRI LAHAT 1
4,801 sqft RM 129.00 PSF
RM 350,000
PRSN INDUSTRI LAHAT 11
4,801 sqft RM 73.00 PSF
RM 848,000
LALUAN INDUSTRI LAHAT 6
9,343 sqft RM 91.00 PSF

No Properties For Sale

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

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