BANDAR BARU BIDOR in Batang Padang, Perak recorded 60 subsale transactions in 2023, with a median price of RM 318K and a median price per square foot (PSF) of RM 174.
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 318K, with most transactions falling within a stable range of RM 268K to RM 368K, and a typical market range of RM 273K to RM 364K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 174, with core pricing between RM 146 and RM 202. Market pricing typically extends from RM 144.50 to RM 203.50, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.