TAMBUN BUSINESS PARK in Kinta, Perak recorded 3 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 79.
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 150K, with most transactions falling within a stable range of RM 125K to RM 175K, and a typical market range of RM 126K to RM 174K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 79, though individual units vary from RM 63 to RM 95 in the core range. The broader market spans RM 60.98 to RM 96.48, indicating diverse property characteristics. The spread of RM 35.50 (IQR) and deviation of RM 16 (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.
