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Market Snapshot
ResidentialRM 294,000
RM 154 psfMedian transaction price
Taman Penjom Damai in Lipis, Pahang recorded 0 subsale transactions in 2021, with a median price of RM 294K and a median price per square foot (PSF) of RM 154.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 294K, with most transactions falling within a stable range of RM 289K to RM 299K, and a typical market range of RM 291K to RM 298K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 154, with most transactions between RM 152 and RM 156. The usual range is RM 150.00 to RM 158.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.
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.