Menglembu Industrial Park

Perak, Kinta, Ulu Kinta

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
3,850 sqft
Semi-D Factory
RM450,000
Hala Perusahaan Kledang Utara 2
3,853 sqft · RM117 PSF
RM480,000
Hala Perusahaan Kledang Utara 4
3,853 sqft · RM125 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM465,000

RM121 psf

Median transaction price

Menglembu Industrial Park in Kinta, Perak recorded 2 subsale transactions in 2021, with a median price of RM465K and a median price per square foot (PSF) of RM121.

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 RM465K, with most transactions falling within a stable range of RM450K to RM480K, and a typical market range of RM450K to RM480K.

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

For price per square foot, the median is RM121, with most transactions between RM117 and RM125. The usual range is RM106.80 to RM134.55, showing that most units are priced quite close to each other. A typical spread (IQR) of RM27.75 and an average deviation (MAD) of RM4 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.