I-PARK (MENGLEMBU)

I-PARK (MENGLEMBU) in Kinta, Perak recorded 5 subsale transactions in 2024, with a median price of RM 800K and a median price per square foot (PSF) of RM 168.

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 800K, with most transactions falling within a stable range of RM 790K to RM 800K, and a typical market range of RM 780K to RM 800K.

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

The median PSF stands at RM 168, with core pricing between RM 146 and RM 190. Market pricing typically extends from RM 146.75 to RM 189.25, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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.