RIMA INDUSTRIAL PARK

Area Intelligence
2023
Median Price
RM 724,000
PSF: RM 89

Commercial PSF Trends

Median Price

RM 724,000

RM 89 PSF

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 2 subsale transactions in 2023, with a median price of RM 724K and a median price per square foot (PSF) of RM 89.

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 724K, with most transactions falling within a stable range of RM 600K to RM 848K, and a typical market range of RM 644K to RM 804K.

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

For price per square foot, the median is RM 89, with most transactions between RM 87 and RM 91. The usual range is RM 78.50 to RM 99.50, 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 2 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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RIMA INDUSTRIAL PARK, Kinta, Perak

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Transactions

2 transactions grouped by size

6,900 sqft
Detached Factory
RM 600,000
PERSIARAN INDUSTRI LAHAT 11
6,889 sqft · RM 87 PSF
9,350 sqft
Semi-D Factory
RM 848,000
LALUAN INDUSTRI LAHAT 6
9,343 sqft · RM 91 PSF

No Properties For Sale

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

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