RPA CHEN BALAI 1& 2

Area Intelligence
2022
Median Price
RM 57,500
PSF: RM 54

Residential PSF Trends

Median Price

RM 57,500

PSF: RM 54

RPA CHEN BALAI 1& 2 in Hilir Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 58K and a median price per square foot (PSF) of RM 54.

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 58K, with most transactions falling within a stable range of RM 40K to RM 75K, and a typical market range of RM 40K to RM 75K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 54, though individual units vary from RM 37 to RM 70 in the core range. The broader market spans RM 37.00 to RM 70.00, indicating diverse property characteristics. A wider spread (IQR: RM 33.00) and deviation (MAD: RM 17) 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.

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RPA CHEN BALAI 1& 2, Hilir Perak, Perak

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Transactions

2 transactions grouped by size

1,100 sqft
Low-Cost House
RM 40,000
LORONG 1
1,087 sqft · RM 37 PSF
RM 75,000
JALAN CENDERONG BALAI
1,076 sqft · RM 70 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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