RIMA INDUSTRIAL PARK

RIMA INDUSTRIAL PARK in Kinta, Perak recorded 6 subsale transactions in 2024, with a median price of RM 470K and a median price per square foot (PSF) of RM 103.

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 470K, with most transactions falling within a stable range of RM 420K to RM 500K, and a typical market range of RM 390K to RM 500K.

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

Price per square foot shows a median of RM 103, though individual units vary from RM 54 to RM 152 in the core range. The broader market spans RM 92.50 to RM 113.50, indicating diverse property characteristics. A wider spread (IQR: RM 21.00) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.

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.