TAMAN GEMILANG in Batang Padang, Perak recorded 2 subsale transactions in 2022, with a median price of RM 370K and a median price per square foot (PSF) of RM 124.
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 370K, with most transactions falling within a stable range of RM 296K to RM 444K, and a typical market range of RM 282K to RM 458K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 124, though individual units vary from RM 97 to RM 152 in the core range. The broader market spans RM 92.88 to RM 155.13, indicating diverse property characteristics. The spread of RM 62.25 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
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.
