I-Park (Menglembu)

Perak, Kinta, Ulu Kinta

Property Transactions

6 subsales grouped by size

Median
RM530,000
PSF
RM122
Price Size
Period
transactions middle 50% (P25–P75)
4,050 sqft
Semi-D Factory
RM550,000
Jalan Menglembu Impiana 34
4,050 sqft · RM136 PSF
RM480,000
Jalan Menglembu Impiana 34
4,050 sqft · RM119 PSF
RM510,000
Jalan Menglembu Impiana 34
4,050 sqft · RM126 PSF
RM500,000
Jalan Menglembu Impiana 34
4,050 sqft · RM123 PSF
5,950 sqft
Semi-D Factory
RM715,000
Jalan Menglembu Impiana 3
5,949 sqft · RM120 PSF
6,000 sqft
Semi-D Factory
RM650,000
Jalan Menglembu Impiana 32
5,999 sqft · RM108 PSF
Legend Recent Highest Price Highest PSF

Selling in I-Park (Menglembu)? Homes here sold for a median of RM530,000.

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Market Snapshot

Commercial

RM530,000

RM122 psf

Median transaction price

I-Park (Menglembu) in Kinta, Perak recorded 6 subsale transactions in 2022, with a median price of RM530K and a median price per square foot (PSF) of RM122.

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 RM530K, with most transactions falling within a stable range of RM480K to RM616K, and a typical market range of RM480K to RM655K.

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

For price per square foot, the median is RM122, with most transactions between RM114 and RM130. The usual range is RM100.56 to RM143.06, showing that most units are priced quite close to each other. A typical spread (IQR) of RM42.50 and an average deviation (MAD) of RM8 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.