MENGLEMBU IND PARK

MENGLEMBU IND PARK in Kinta, Perak recorded 9 subsale transactions in 2024, with a median price of RM 530K and a median price per square foot (PSF) of RM 148.

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 400K to RM 1.78 million, and a typical market range of RM 458K to RM 603K.

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

The median PSF stands at RM 148, with core pricing between RM 125 and RM 171. Market pricing typically extends from RM 133.50 to RM 162.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

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.