Menglembu Industrial Area
Industrial Transaction Prices
Menglembu Industrial Area is a township/project located in Kinta, Perak. The median transacted price for Menglembu Industrial Area is RM 2,426,500 with a median transacted price of RM 89.09 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 2,426,500
- YoY
Lower: RM 2,253,000
Upper: RM 2,600,000
Median price per sq.ft. (psf)
RM 89.09
- YoY
Lower: RM 74.99
Upper: RM 103.18
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Menglembu Industrial Area Median Price Psf
Latest Transactions from Sep 23 to Aug 24
(2 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| August 2024 | Warehouse | Leasehold | Jalan Lahat | 30,042.04 sq.ft | 8,729.52 sq.ft | RM 2,253,000 | RM 75 | |
| July 2024 | Warehouse | Leasehold | Hala Perusahaan Menglembu 12 | 25,198.29 sq.ft | 2,626.39 sq.ft | RM 2,600,000 | RM 103 |
August 2024
Type: Warehouse
Tenure: Leasehold
Road: Jalan Lahat
Land Area: 30,042.04 sq.ft
Build Area: 8,729.52 sq.ft
Transaction: RM 2,253,000
Price PSF: RM 75
July 2024
Type: Warehouse
Tenure: Leasehold
Road: Hala Perusahaan Menglembu 12
Land Area: 25,198.29 sq.ft
Build Area: 2,626.39 sq.ft
Transaction: RM 2,600,000
Price PSF: RM 103
Frequently Asked Questions
What factors affect industrial property prices in Menglembu Industrial Area, Kinta?
Industrial property prices in Menglembu Industrial Area, Kinta are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will industrial property prices fluctuate in Menglembu Industrial Area, Kinta?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Menglembu Industrial Area, Kinta.
How have industrial property prices changed recently in Menglembu Industrial Area, Kinta?
In the past 12 months, industrial property prices in Menglembu Industrial Area, Kinta have decreased by % YoY.
What is the median price for industrial property in Menglembu Industrial Area, Kinta?
The median price for industrial property in Menglembu Industrial Area, Kinta is RM 2,426,500.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.