GOPENG COMMERCIAL PARK

GOPENG COMMERCIAL PARK in Kinta, Perak recorded 2 subsale transactions in 2024, with a median price of RM 1.83 million and a median price per square foot (PSF) of RM 54.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.83 million, with most transactions falling within a stable range of RM 1.45 million to RM 2.20 million, and a typical market range of RM 1.64 million to RM 2.01 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 54, with most transactions between RM 51 and RM 57. The usual range is RM 52.50 to RM 55.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.00 and an average deviation (MAD) of RM 3 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.