|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Rpa P. Buntar 4(Taman Sri Semarak)
|
RM 75,000
|
RM 72
|
1,044 sqft
|
|
LC House |
|
Jalan Semarak 8
|
RM 170,000
|
RM 161
|
1,055 sqft
|
|
LC House |
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Market Snapshot
ResidentialRM 122,500
RM 117 psfMedian transaction price
Rpa Parit Buntar Iv in Kerian, Perak recorded 2 subsale transactions in 2022, with a median price of RM 123K and a median price per square foot (PSF) of RM 117.
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 123K, with most transactions falling within a stable range of RM 75K to RM 170K, and a typical market range of RM 96K to RM 149K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 117, though individual units vary from RM 72 to RM 161 in the core range. The broader market spans RM 96.00 to RM 137.00, indicating diverse property characteristics. A wider spread (IQR: RM 41.00) and deviation (MAD: RM 45) 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.