RIMA INDUSTRIAL PARK

Area Intelligence
2024
Median Price
RM 490,000
PSF: RM 102

Commercial PSF Trends

Median Price

RM 490,000

RM 102 PSF

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 5 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 102.

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 490K, with most transactions falling within a stable range of RM 453K to RM 500K, and a typical market range of RM 410K to RM 500K.

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

For price per square foot, the median is RM 102, with most transactions between RM 94 and RM 110. The usual range is RM 91.50 to RM 112.50, 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 8 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

4,800 sqft
Detached Factory
RM 450,000
LALUAN INDUSTRI LAHAT 5
4,801 sqft · RM 94 PSF
RM 498,000
LALUAN INDUSTRIAL LAHAT 5
4,801 sqft · RM 104 PSF
RM 500,000
PERSIARAN INDUSTRI LAHAT 9
4,801 sqft · RM 104 PSF
RM 490,000
PERSIARAN INDUSTRI LAHAT 7
4,801 sqft · RM 102 PSF
RM 405,000
PSRN INDUSTRI LAHAT 15
4,801 sqft · RM 84 PSF

No Properties For Sale

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

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