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PEKAN MENGLEMBU, Menglembu, Kinta, Perak, Malaysia
Pekan Menglembu in Kinta, Perak recorded 0 subsale transactions in 2021, with a median price of RM690K and a median price per square foot (PSF) of RM288.
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 RM690K, with most transactions falling within a stable range of RM620K to RM760K, and a typical market range of RM635K to RM745K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM288, though individual units vary from RM229 to RM347 in the core range. The broader market spans RM143.50 to RM432.50, indicating diverse property characteristics. The spread of RM289.00 (IQR) and deviation of RM59 (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.