RPA PARIT BUNTAR IV in Kerian, Perak recorded 2 subsale transactions in 2021, with a median price of RM 125K and a median price per square foot (PSF) of RM 119.
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 125K, with most transactions falling within a stable range of RM 100K to RM 150K, and a typical market range of RM 99K to RM 151K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 119, with core pricing between RM 96 and RM 142. Market pricing typically extends from RM 98.50 to RM 139.50, 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.