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Market Snapshot
ResidentialRM 132,000
RM 110 psfMedian transaction price
TAMAN PELANGI LANGKAP, Taman Pelangi, Changkat Jong, 36700, Hilir Perak, Perak, Malaysia
Taman Pelangi Langkap in Hilir Perak, Perak recorded 2 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM 132K and a median price per square foot (PSF) of RM 110.
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 132K, with most transactions falling within a stable range of RM 99K to RM 165K, and a typical market range of RM 99K to RM 165K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 110, though individual units vary from RM 83 to RM 138 in the core range. The broader market spans RM 97.98 to RM 122.98, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 28) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.