RIMA INDUSTRIAL PARK

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 6 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 68.

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 355K, with most transactions falling within a stable range of RM 300K to RM 449K, and a typical market range of RM 300K to RM 435K.

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

The median PSF stands at RM 68, with core pricing between RM 57 and RM 80. Market pricing typically extends from RM 57.50 to RM 78.50, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 12 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.