MENGLEMBU IND PARK

MENGLEMBU IND PARK in Kinta, Perak recorded 5 subsale transactions in 2023, with a median price of RM 590K and a median price per square foot (PSF) of RM 134.

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 590K, with most transactions falling within a stable range of RM 510K to RM 767K, and a typical market range of RM 518K to RM 663K.

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

The median PSF stands at RM 134, with core pricing between RM 118 and RM 150. Market pricing typically extends from RM 119.50 to RM 148.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 16, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.