|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lot Pt7840
|
RM 270,000
|
RM 75
|
3,617 sqft
|
|
Semi-D |
|
Jalan Pelangi 6D
|
RM 297,000
|
RM 106
|
2,799 sqft
|
|
Semi-D |
|
Jalan Pelangi 5
|
RM 99,000
|
RM 83
|
1,195 sqft
|
|
LC House |
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Market Snapshot
ResidentialRM 270,000
RM 83 psfMedian transaction price
TAMAN PELANGI LANGKAP, Taman Pelangi, Changkat Jong, 36700, Hilir Perak, Perak, Malaysia
Taman Pelangi Langkap in Hilir Perak, Perak recorded 3 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 83.
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 270K, with most transactions falling within a stable range of RM 182K to RM 297K, and a typical market range of RM 201K to RM 297K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 83, with core pricing between RM 70 and RM 96. Market pricing typically extends from RM 70.36 to RM 95.36, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 13 (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.