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Market Snapshot
CommercialRM 226,500
RM 132 psfMedian transaction price
Lkm Industrial Park in Muallim, Perak recorded 0 subsale transactions in 2021, with a median price of RM 227K and a median price per square foot (PSF) of RM 132.
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 227K, with most transactions falling within a stable range of RM 223K to RM 230K, and a typical market range of RM 221K to RM 233K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 132, with most transactions between RM 128 and RM 136. The usual range is RM 126.75 to RM 136.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
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.