Area Intelligence

MENGLEMBU IND AREA

2 properties
2024
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Median Price
RM 2,426,500
PSF: RM 89

Commercial Market

Median Price

RM 2,426,500

RM 89 PSF

PSF Trends (2021-2025)

MENGLEMBU IND AREA in Kinta, Perak recorded 2 subsale transactions in 2024, with a median price of RM 2.43 million and a median price per square foot (PSF) of RM 89.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.43 million, with most transactions falling within a stable range of RM 2.25 million to RM 2.60 million, and a typical market range of RM 2.25 million to RM 2.60 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 89, with core pricing between RM 75 and RM 103. Market pricing typically extends from RM 75.50 to RM 102.50, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 14 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MENGLEMBU IND AREA, Kinta, Perak

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Transactions

2 properties found

Detached Factory JALAN LAHAT
RM 2,253,000
30,042 sqft Aug 2024
RM 75.00 PSF
Detached Factory HALA PERUSAHAAN MENGLEMBU 12
RM 2,600,000
25,198 sqft Jul 2024
RM 103.00 PSF