BANDAR BARU KAMPAR in Kampar, Perak recorded 29 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 193.
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 250K, with most transactions falling within a stable range of RM 130K to RM 370K, and a typical market range of RM 170K to RM 330K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 193, though individual units vary from RM 106 to RM 280 in the core range. The broader market spans RM 120.25 to RM 265.75, indicating diverse property characteristics. A wider spread (IQR: RM 145.50) and deviation (MAD: RM 87) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
