I-PARK (MENGLEMBU)

I-PARK (MENGLEMBU) in Kinta, Perak recorded 4 subsale transactions in 2023, with a median price of RM 705K and a median price per square foot (PSF) of RM 134.

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 705K, with most transactions falling within a stable range of RM 530K to RM 882K, and a typical market range of RM 580K to RM 830K.

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

Price per square foot shows a median of RM 134, though individual units vary from RM 102 to RM 166 in the core range. The broader market spans RM 112.75 to RM 155.25, indicating diverse property characteristics. The spread of RM 42.50 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

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.