YIK FOONG KOMPLEKS in Kinta, Perak recorded 7 subsale transactions in 2022, with a median price of RM 100K and a median price per square foot (PSF) of RM 282.
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 100K, with most transactions falling within a stable range of RM 75K to RM 125K, and a typical market range of RM 64K to RM 136K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 282, though individual units vary from RM 221 to RM 343 in the core range. The broader market spans RM 223.75 to RM 340.25, indicating diverse property characteristics. The spread of RM 116.50 (IQR) and deviation of RM 61 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
