RIMA INDUSTRIAL PARK

Area Intelligence
2022
Median Price
RM 650,000
PSF: RM 88

Commercial PSF Trends

Median Price

RM 650,000

RM 88 PSF

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 5 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 88.

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 650K, with most transactions falling within a stable range of RM 517K to RM 783K, and a typical market range of RM 570K to RM 730K.

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

For price per square foot, the median is RM 88, with most transactions between RM 83 and RM 93. The usual range is RM 77.50 to RM 98.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.00 and an average deviation (MAD) of RM 5 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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RIMA INDUSTRIAL PARK, Kinta, Perak

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Transactions

5 transactions grouped by size

5,450 sqft
Semi-D Factory
RM 480,000
LALUAN INDUSTRI LAHAT 6
5,425 sqft · RM 88 PSF
7,200 sqft
Detached Factory
RM 600,000
LALUAN INDUSTRI LAHAT 7
7,201 sqft · RM 83 PSF
7,700 sqft
Detached Factory
RM 730,000
PERSIARAN INDUSTRI LAHAT 9
7,707 sqft · RM 95 PSF
8,000 sqft
Detached Factory
RM 650,000
LALUAN INDUSTRI 1
7,998 sqft · RM 81 PSF
9,600 sqft
Detached Factory
RM 880,000
LALUAN INDUSTRI 7
9,601 sqft · RM 92 PSF

No Properties For Sale

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

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