TAMBUN BUSINESS PARK in Kinta, Perak recorded 2 subsale transactions in 2021, with a median price of RM 95K and a median price per square foot (PSF) of RM 54.
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 95K, with most transactions falling within a stable range of RM 70K to RM 120K, and a typical market range of RM 71K to RM 119K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 54, though individual units vary from RM 38 to RM 70 in the core range. The broader market spans RM 36.25 to RM 71.75, indicating diverse property characteristics. A wider spread (IQR: RM 35.50) and deviation (MAD: RM 16) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
