Area Intelligence

PEKAN MENGLEMBU

3 properties
Double Storey Shop
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Median Price
RM 690,000
PSF: RM 288

Commercial Market

Median Price

RM 690,000

IQR: RM 145
MAD: RM 17
RM 288 PSF 43.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN MENGLEMBU in Kinta, Perak recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 690K and a median price per square foot (PSF) of RM 288.

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 690K, with most transactions falling within a stable range of RM 650K to RM 735K, and a typical market range of RM 663K to RM 718K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 288, though individual units vary from RM 156 to RM 420 in the core range. The broader market spans RM 215.75 to RM 360.25, indicating diverse property characteristics. A wider spread (IQR: RM 144.50) and deviation (MAD: RM 132) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PEKAN MENGLEMBU, Kinta, Perak

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Transactions

3 properties grouped by size

1,350 sqft
1 units Double Storey Shop
RM 760,000
JALAN BESAR
1,356 sqft · RM 560.00 PSF
Sep 2024
2,400 sqft
2 units Double Storey Shop
RM 690,000
MAIN ROAD
2,400 sqft · RM 288.00 PSF
Oct 2023
RM 650,000
JALAN BESAR
2,400 sqft · RM 271.00 PSF
Apr 2022