Area Intelligence

MENGLEMBU IND AREA (PKNP)

1 properties
2022
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Median Price
RM 500,000
PSF: RM 325

Commercial Market

Median Price

RM 500,000

IQR: RM 6
MAD: RM 5
RM 325 PSF 11.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MENGLEMBU IND AREA (PKNP) in Kinta, Perak recorded 1 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 325.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 325, with most transactions between RM 325 and RM 325. The usual range is RM 233.00 to RM 417.00, showing that most units are priced quite close to each other. With an IQR of RM 184.00 and MAD of RM 0, 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. 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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MENGLEMBU IND AREA (PKNP), Kinta, Perak

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Transactions

1 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 500,000
HALA PERUSAHAAN MENGLEMBU 5
1,539 sqft · RM 325.00 PSF
Sep 2022