MEDAN TASEK PERDANA in Kinta, Perak recorded 2 subsale transactions in 2023, with a median price of RM 659K and a median price per square foot (PSF) of RM 293.
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 659K, with most transactions falling within a stable range of RM 569K to RM 749K, and a typical market range of RM 546K to RM 771K.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
For price per square foot, the median is RM 293, with most transactions between RM 266 and RM 320. The usual range is RM 269.24 to RM 316.24, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.
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.