Area Intelligence

IGB INTERNATIONAL IND PARK

5 properties
2024
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Median Price
RM 1,699,000
PSF: RM 78

Commercial Market

Median Price

RM 1,699,000

IQR: RM 23
MAD: RM 12
RM 78 PSF 6.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

IGB INTERNATIONAL IND PARK in Kinta, Perak recorded 5 subsale transactions in 2024, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 78.

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 1.70 million, with most transactions falling within a stable range of RM 1.08 million to RM 2.54 million, and a typical market range of RM 1.46 million to RM 1.94 million.

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

Price per square foot shows a median of RM 78, though individual units vary from RM 23 to RM 133 in the core range. The broader market spans RM 53.00 to RM 103.00, indicating diverse property characteristics. A wider spread (IQR: RM 50.00) and deviation (MAD: RM 55) 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

6,200 sqft
1 units Detached Factory
RM 1,080,000
LEBUH PERUSAHAAN KLEBANG 6
6,189 sqft · RM 174.00 PSF
Apr 2024
7,300 sqft
1 units Semi-D Factory
RM 1,180,000
JLN TASEK
7,276 sqft · RM 162.00 PSF
Aug 2024
42,250 sqft
1 units Detached Factory
RM 3,300,000
LEBUH PERUSAHAAN KLEBANG 6
42,259 sqft · RM 78.00 PSF
Oct 2024
43,550 sqft
2 units Detached Factory
RM 1,699,000
LEBUH PERUSAHAAN KLEBANG 10
43,562 sqft · RM 39.00 PSF
Sep 2024
RM 2,500,000
LEBUH PERUSAHAAN KLEBANG 4
43,562 sqft · RM 57.00 PSF
Jul 2024