SRI PENGKALAN INDUSTRIAL PARK

SRI PENGKALAN INDUSTRIAL PARK in Kinta, Perak recorded 7 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 137.

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 550K, with most transactions falling within a stable range of RM 468K to RM 632K, and a typical market range of RM 493K to RM 608K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 137, with core pricing between RM 117 and RM 157. Market pricing typically extends from RM 125.50 to RM 148.50, reflecting moderate variation in unit pricing. With an IQR of RM 23.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.