| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mekar 4
|
RM 380,000
|
RM 160
|
2,379 sqft
|
|
|
Jalan Mekar 2
|
RM 380,000
|
RM 125
|
3,046 sqft
|
|
|
Jalan Mekar 3
|
RM 370,000
|
RM 120
|
3,089 sqft
|
|
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Market Snapshot
ResidentialRM 380,000
RM 125 psfMedian transaction price
TAMAN DESA MEKAR, Simpang Lima, Parit Buntar, Kerian, Perak, Malaysia
Taman Desa Mekar in Kerian, Perak recorded 3 subsale transactions in 2023, with a median price of RM 380K 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 380K, with most transactions falling within a stable range of RM 375K to RM 380K, and a typical market range of RM 370K to RM 380K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 125, with core pricing between RM 107 and RM 143. Market pricing typically extends from RM 114.25 to RM 135.25, reflecting moderate variation in unit pricing. With an IQR of RM 21.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.