Area Intelligence

IGB INTERNATIONAL IND PARK

5 properties
2022
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Median Price
RM 1,260,000
PSF: RM 142

Commercial Market

Median Price

RM 1,260,000

IQR: RM 23
MAD: RM 12
RM 142 PSF 6.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

IGB INTERNATIONAL IND PARK in Kinta, Perak recorded 5 subsale transactions in 2022, with a median price of RM 1.26 million and a median price per square foot (PSF) of RM 142.

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 1.26 million, with most transactions falling within a stable range of RM 1.15 million to RM 4.10 million, and a typical market range of RM 1.15 million to RM 1.50 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 142, though individual units vary from RM 99 to RM 185 in the core range. The broader market spans RM 117.00 to RM 167.00, indicating diverse property characteristics. A wider spread (IQR: RM 50.00) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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IGB INTERNATIONAL IND PARK, Kinta, Perak

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Transactions

5 properties grouped by size

7,500 sqft
1 units Semi-D Factory
RM 1,150,000
LEBUH PERUSAHAAN KLEBANG 9A
7,492 sqft · RM 154.00 PSF
Aug 2022
8,300 sqft
1 units Semi-D Factory
RM 1,260,000
LEBUH PERUSAHAAN KLEBANG 11
8,288 sqft · RM 152.00 PSF
Sep 2022
8,600 sqft
1 units Semi-D Factory
RM 1,220,000
PERSIARAN KLEBANG 1
8,611 sqft · RM 142.00 PSF
Feb 2022
92,000 sqft
1 units Detached Factory
RM 5,600,000
LEBUH PERUSAHAAN KLEBANG 11
91,999 sqft · RM 61.00 PSF
Aug 2022
130,250 sqft
1 units Detached Factory
RM 8,000,000
LEBUH PERUSAHAAN KLEBANG 1
130,265 sqft · RM 61.00 PSF
Apr 2022