TAMAN SIERRA (GERIK)

TAMAN SIERRA (GERIK) in Hulu Perak, Perak recorded 10 subsale transactions in 2023, with a median price of RM 237K and a median price per square foot (PSF) of RM 163.

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 237K, with most transactions falling within a stable range of RM 225K to RM 283K, and a typical market range of RM 229K to RM 244K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 163, with most transactions between RM 151 and RM 175. The usual range is RM 158.00 to RM 168.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 12 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.