TAMAN SEMARAK (GERIK) in Hulu Perak, Perak recorded 4 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 247.
This area contains both residential and commercial properties. View 9 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 280K to RM 440K, and a typical market range of RM 175K to RM 545K.
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 247, though individual units vary from RM 189 to RM 305 in the core range. The broader market spans RM 174.50 to RM 319.50, indicating diverse property characteristics. The spread of RM 145.00 (IQR) and deviation of RM 58 (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.
