HMK INDUSTRIAL PARK KAMUNTING in Larut Matang, Perak recorded 5 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 166.
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 310K, with most transactions falling within a stable range of RM -15,000 to RM 635K, and a typical market range of RM 6K to RM 614K.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
For price per square foot, the median is RM 166, with most transactions between RM 151 and RM 182. The usual range is RM 145.00 to RM 187.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.
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.
