TAMAN PELANGI LANGKAP in Hilir Perak, Perak recorded 6 subsale transactions in 2022, with a median price of RM 233K and a median price per square foot (PSF) of RM 113.
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 233K, with most transactions falling within a stable range of RM 166K to RM 300K, and a typical market range of RM 173K to RM 293K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 113, with core pricing between RM 100 and RM 126. Market pricing typically extends from RM 103.00 to RM 123.00, reflecting moderate variation in unit pricing. With an IQR of RM 20.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.
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.