RIMA INDUSTRIAL PARK

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 15 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 94.

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 480K, with most transactions falling within a stable range of RM 323K to RM 637K, and a typical market range of RM 400K to RM 560K.

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

Price per square foot shows a median of RM 94, though individual units vary from RM 72 to RM 116 in the core range. The broader market spans RM 83.50 to RM 104.50, indicating diverse property characteristics. The spread of RM 21.00 (IQR) and deviation of RM 22 (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.