Perak
Hulu Perak
Lenggong
BANDAR BARU LENGGONG

BANDAR BARU LENGGONG

Area Intelligence

2022

Median Price

RM 450,000

PSF: RM 118

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BANDAR BARU LENGGONG in Hulu Perak, Perak recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 118.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 302K to RM 500K, and a typical market range of RM 324K to RM 500K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 118, though individual units vary from RM 75 to RM 161 in the core range. The broader market spans RM 100.42 to RM 135.42, indicating diverse property characteristics. A wider spread (IQR: RM 35.00) and deviation (MAD: RM 43) 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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BANDAR BARU LENGGONG, Hulu Perak, Perak

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