TAMAN GERIK in Hulu Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 515K and a median price per square foot (PSF) of RM 123.
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 515K, with most transactions falling within a stable range of RM 495K to RM 535K, and a typical market range of RM 410K to RM 620K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 123, with most transactions between RM 119 and RM 127. The usual range is RM 111.50 to RM 133.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
