RIMA INDUSTRIAL PARK

Area Intelligence
2023
Median Price
RM 475,000
PSF: RM 99

Commercial PSF Trends

Median Price

RM 475,000

RM 99 PSF

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 6 subsale transactions in 2023, with a median price of RM 475K and a median price per square foot (PSF) of RM 99.

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 475K, with most transactions falling within a stable range of RM 389K to RM 561K, and a typical market range of RM 395K to RM 555K.

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

The median PSF stands at RM 99, with core pricing between RM 81 and RM 117. Market pricing typically extends from RM 88.50 to RM 109.50, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

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

6 transactions grouped by size

4,800 sqft
Detached Factory
RM 500,000
LALUAN INDUSTRI LAHAT 5
4,801 sqft · RM 104 PSF
RM 550,000
LALUAN INDUSTRI LAHAT 2
4,801 sqft · RM 115 PSF
RM 440,000
PERSIARAN INDUSTRI LAHAT 7
4,801 sqft · RM 92 PSF
RM 450,000
PERSIARAN INDUSTRI LAHAT 5
4,801 sqft · RM 94 PSF
RM 620,000
PERSIARAN INDUSTRI LAHAT 1
4,801 sqft · RM 129 PSF
RM 350,000
PRSN INDUSTRI LAHAT 11
4,801 sqft · RM 73 PSF

No Properties For Sale

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

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