Perak
Hilir Perak
Changkat Jong
TAMAN PELANGI LANGKAP

TAMAN PELANGI LANGKAP

Area Intelligence

2022

Median Price

RM 265,000

PSF: RM 102

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Residential PSF Trends

Median Price

RM 265,000

PSF: RM 102

TAMAN PELANGI LANGKAP in Hilir Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 102.

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 265K, with most transactions falling within a stable range of RM 230K to RM 300K, and a typical market range of RM 230K to RM 300K.

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

For price per square foot, the median is RM 102, with most transactions between RM 97 and RM 107. The usual range is RM 92.00 to RM 112.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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.

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TAMAN PELANGI LANGKAP, Hilir Perak, Perak

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