Area Intelligence

IGB INTERNATIONAL IND PARK

9 properties
2023
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Median Price
RM 1,300,000
PSF: RM 167

Commercial Market

Median Price

RM 1,300,000

IQR: RM 23
MAD: RM 12
RM 167 PSF 6.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

IGB INTERNATIONAL IND PARK in Kinta, Perak recorded 9 subsale transactions in 2023, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 167.

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 1.30 million, with most transactions falling within a stable range of RM 1.04 million to RM 1.56 million, and a typical market range of RM 1.06 million to RM 1.54 million.

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

The median PSF stands at RM 167, with core pricing between RM 145 and RM 189. Market pricing typically extends from RM 142.00 to RM 192.00, reflecting moderate variation in unit pricing. With an IQR of RM 50.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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

9 properties grouped by size

5,000 sqft
2 units Semi-D Factory
RM 700,000
LEBUH PERUSAHAAN KLEBANG 6A
5,005 sqft · RM 140.00 PSF
Feb 2023
RM 900,000
LEBUH PERUSAHAAN KLEBANG 6A
5,005 sqft · RM 180.00 PSF
Feb 2023
7,500 sqft
1 units Semi-D Factory
RM 1,250,000
PERSIARAN KLEBANG 1
7,502 sqft · RM 167.00 PSF
May 2023
7,700 sqft
3 units Semi-D Factory
RM 1,630,000
LEBUH PERUSAHAAN KLEBANG 9
7,696 sqft · RM 212.00 PSF
Aug 2023
RM 1,300,000
LEBUH PERUSAHAAN KLEBANG 9
7,696 sqft · RM 169.00 PSF
Apr 2023
RM 1,200,000
LEBUH PERUSAHAAN KLEBANG 9
7,696 sqft · RM 156.00 PSF
Apr 2023
8,300 sqft
1 units Semi-D Factory
RM 1,380,000
LEBUH PERUSAHAAN KLEBANG 11
8,277 sqft · RM 167.00 PSF
Jul 2023
8,600 sqft
1 units Semi-D Factory
RM 1,350,000
PERSIARAN KLEBANG 1
8,611 sqft · RM 157.00 PSF
Apr 2023
10,000 sqft
1 units Semi-D Factory
RM 1,300,000
PERSIARAN KLEBANG 1
10,010 sqft · RM 130.00 PSF
May 2023