TAMAN JAYA in Hilir Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 195K and a median price per square foot (PSF) of RM 122.
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 195K, with most transactions falling within a stable range of RM 127K to RM 263K, and a typical market range of RM 70K to RM 320K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 122, though individual units vary from RM 96 to RM 148 in the core range. The broader market spans RM 100.50 to RM 143.50, indicating diverse property characteristics. The spread of RM 43.00 (IQR) and deviation of RM 26 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
