Commercial Market
Median Price
RM 695,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
4 properties
Median Price
RM 530,000
+2.5% CAGR
Median PSF
RM 328.50
+2.6% CAGR
Detached Factory
2 properties
Median Price
RM 1,250,000
Median PSF
RM 144.50
Semi-D Factory
1 properties
Median Price
RM 750,000
Median PSF
RM 104.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 4 |
RM 530,000
±25K MAD
|
+2.55% |
RM 328.50
±3 MAD
|
+2.55% | |
| Detached Factory | 2 |
RM 1,250,000
|
- |
RM 144.50
|
- | |
| Semi-D Factory | 1 |
RM 750,000
|
- |
RM 104.00
|
- |
MENGLEMBU IND AREA (PKNP) in Kinta, Perak recorded 1 subsale transactions in 2023, with a median price of RM 695K and a median price per square foot (PSF) of RM 326.
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 326, with most transactions between RM 326 and RM 326. The usual range is RM 234.00 to RM 418.00, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LALUAN PERUSAHAAN MENGLEMBU 2
|
RM 695,000
|
RM 326.00
|
2,131 sqft
|
Sep 2023
|