MENGLEMBU IND PARK

MENGLEMBU IND PARK in Kinta, Perak recorded 9 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 136.

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 550K, with most transactions falling within a stable range of RM 470K to RM 687K, and a typical market range of RM 478K to RM 623K.

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

The median PSF stands at RM 136, with core pricing between RM 114 and RM 158. Market pricing typically extends from RM 121.50 to RM 150.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 22 (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.