| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi 11
|
RM 165,000
|
RM 138
|
1,195 sqft
|
|
|
Jalan Pelangi 6H
|
RM 200,000
|
RM 130
|
1,539 sqft
|
|
|
Jalan Ckt Jong
|
RM 235,000
|
RM 119
|
1,981 sqft
|
|
|
Jalan Pelangi 6D
|
RM 300,000
|
RM 107
|
2,799 sqft
|
|
|
Jalan Pelangi 3B
|
RM 399,000
|
RM 90
|
4,435 sqft
|
|
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Market Snapshot
ResidentialRM 232,500
RM 113 psfMedian transaction price
TAMAN PELANGI LANGKAP, Taman Pelangi, Changkat Jong, 36700, Hilir Perak, Perak, Malaysia
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 165K to RM 309K, and a typical market range of RM 165K to RM 301K.
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 96 and RM 130. Market pricing typically extends from RM 100.42 to RM 125.42, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 17 (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.