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Market Snapshot
CommercialRM 755,000
RM 628 psfMedian transaction price
Bandar Baru Tk Intan in Hilir Perak, Perak recorded 0 subsale transactions in 2021, with a median price of RM 755K and a median price per square foot (PSF) of RM 628.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 755K, with most transactions falling within a stable range of RM 705K to RM 805K, and a typical market range of RM 714K to RM 796K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 628, with most transactions between RM 581 and RM 675. The usual range is RM 590.75 to RM 665.25, showing that most units are priced quite close to each other. With an IQR of RM 74.50 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.
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. Limited transaction history suggests carefully evaluating comparable sales data.