Area Intelligence

JELAPANG MAJU LIGHT IND PARK

8 properties
2023
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Median Price
RM 388,000
PSF: RM 113

Commercial Market

Median Price

RM 388,000

IQR: RM 27
MAD: RM 14
RM 113 PSF 9.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JELAPANG MAJU LIGHT IND PARK in Kinta, Perak recorded 8 subsale transactions in 2023, with a median price of RM 388K and a median price per square foot (PSF) of RM 113.

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 388K, with most transactions falling within a stable range of RM 267K to RM 480K, and a typical market range of RM 285K to RM 480K.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 113, with most transactions between RM 103 and RM 122. The usual range is RM 99.25 to RM 125.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.50 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JELAPANG MAJU LIGHT IND PARK, Kinta, Perak

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Transactions

8 properties grouped by size

1,600 sqft
1 units Double Storey Shop
RM 190,000
JALAN JELAPANG MAJU 1
1,604 sqft · RM 118.00 PSF
Sep 2023
1,700 sqft
2 units Terraced Factory
RM 210,000
LENGKOK JELAPANG MAJU
1,701 sqft · RM 123.00 PSF
Nov 2023
RM 180,000
LENGKOK JELAPANG MAJU
1,701 sqft · RM 106.00 PSF
Oct 2023
4,000 sqft
5 units Semi-D Factory
RM 388,000
JLN JEL MAJU 4, IND JELAPANG MAJU, IP
4,004 sqft · RM 97.00 PSF
Nov 2023
RM 388,000
JLN JEL MAJU 4,KAW. IND JELAPANG MAJU.
4,004 sqft · RM 97.00 PSF
Nov 2023
RM 480,000
JALAN JELAPANG MAJU 4
4,004 sqft · RM 120.00 PSF
Jun 2023
RM 430,000
JALAN JELAPANG MAJU 4
4,004 sqft · RM 107.00 PSF
Feb 2023
RM 480,000
JALAN JELAPANG MAJU 10
4,004 sqft · RM 120.00 PSF
Jan 2023