I-Park (Menglembu)

Perak, Kinta, Ulu Kinta

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Selling in I-Park (Menglembu)? Homes here sold for a median of RM715,000.

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Market Snapshot

Commercial

RM715,000

RM136 psf

Median transaction price

I-Park (Menglembu) in Kinta, Perak recorded 0 subsale transactions in 2021, with a median price of RM715K and a median price per square foot (PSF) of RM136.

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 RM715K, with most transactions falling within a stable range of RM630K to RM800K, and a typical market range of RM590K to RM840K.

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

The median PSF stands at RM136, with core pricing between RM116 and RM156. Market pricing typically extends from RM114.75 to RM157.25, reflecting moderate variation in unit pricing. With an IQR of RM42.50 and MAD of RM20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.