MENGLEMBU IND AREA (PKNP)

MENGLEMBU IND AREA (PKNP) in Kinta, Perak recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 530K and a median price per square foot (PSF) of RM 329.

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 530K, with most transactions falling within a stable range of RM 500K to RM 608K, and a typical market range of RM 500K to RM 695K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 329, with most transactions between RM 315 and RM 342. The usual range is RM 236.50 to RM 420.50, showing that most units are priced quite close to each other. With an IQR of RM 184.00 and MAD of RM 13, 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.