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Market Snapshot
ResidentialRM 124,000
RM 124 psfMedian transaction price
Rpa Padang Tembak Iii in Hilir Perak, Perak recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 124K and a median price per square foot (PSF) of RM 124.
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 124K, with most transactions falling within a stable range of RM 93K to RM 155K, and a typical market range of RM 95K to RM 153K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 124, though individual units vary from RM 93 to RM 155 in the core range. The broader market spans RM 93.25 to RM 154.75, indicating diverse property characteristics. A wider spread (IQR: RM 61.50) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.
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.