Perak
Hilir Perak
Changkat Jong
TAMAN PELANGI LANGKAP

TAMAN PELANGI LANGKAP

Area Intelligence

2023

Median Price

RM 198,000

PSF: RM 95

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Residential PSF Trends

Median Price

RM 198,000

PSF: RM 95

TAMAN PELANGI LANGKAP in Hilir Perak, Perak recorded 2 subsale transactions in 2023, with a median price of RM 198K and a median price per square foot (PSF) of RM 95.

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 198K, with most transactions falling within a stable range of RM 99K to RM 297K, and a typical market range of RM 138K to RM 258K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 95, with core pricing between RM 83 and RM 106. Market pricing typically extends from RM 84.50 to RM 104.50, reflecting moderate variation in unit pricing. With an IQR of RM 20.00 and MAD of RM 12, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI LANGKAP, Hilir Perak, Perak

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