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Market Snapshot
ResidentialRM 340,000
RM 161 psfMedian transaction price
Taman Sri Manggis, Jalan Laksamana in Hilir Perak, Perak recorded 0 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 151.
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 380K, with most transactions falling within a stable range of RM 310K to RM 450K, and a typical market range of RM 300K to RM 460K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 151, with core pricing between RM 132 and RM 170. Market pricing typically extends from RM 134.25 to RM 167.75, reflecting moderate variation in unit pricing. With an IQR of RM 33.50 and MAD of RM 19, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.