Perak
Hulu Perak
Gerik
TROPICANA PALM RESIDENCE

TROPICANA PALM RESIDENCE

Area Intelligence

2023

Median Price

RM 242,500

PSF: RM 174

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Commercial PSF Trends

Median Price

RM 242,500

RM 174 PSF

TROPICANA PALM RESIDENCE in Hulu Perak, Perak recorded 2 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 174.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 243K, with most transactions falling within a stable range of RM 240K to RM 245K, and a typical market range of RM 240K to RM 245K.

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

For price per square foot, the median is RM 174, with most transactions between RM 172 and RM 175. The usual range is RM 163.25 to RM 183.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.50 and an average deviation (MAD) of RM 2 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.

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TROPICANA PALM RESIDENCE, Hulu Perak, Perak

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