RPA PARIT BUNTAR IV

RPA PARIT BUNTAR IV in Kerian, Perak recorded 3 subsale transactions in 2023, with a median price of RM 130K and a median price per square foot (PSF) of RM 125.

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 130K, with most transactions falling within a stable range of RM 105K to RM 155K, and a typical market range of RM 104K to RM 156K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 125, with core pricing between RM 102 and RM 148. Market pricing typically extends from RM 104.50 to RM 145.50, reflecting moderate variation in unit pricing. The spread of RM 41.00 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

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.