PEKAN LANGKAP

PEKAN LANGKAP in Hilir Perak, Perak recorded 1 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 343.

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 480K, with most transactions falling within a stable range of RM 430K to RM 530K, and a typical market range of RM 429K to RM 531K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 343, with core pricing between RM 288 and RM 398. Market pricing typically extends from RM 294.00 to RM 392.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 55 (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. 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.