TAMAN PKNP in Batang Padang, Perak recorded 2 subsale transactions in 2024, with a median price of RM 79K and a median price per square foot (PSF) of RM 66.
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 79K, with most transactions falling within a stable range of RM 66K to RM 92K, and a typical market range of RM 63K to RM 94K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 66, with core pricing between RM 55 and RM 77. Market pricing typically extends from RM 53.00 to RM 79.00, reflecting moderate variation in unit pricing. The spread of RM 26.00 (IQR) and deviation of RM 11 (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.
