IPOH SOUTH GATE in Kinta, Perak recorded 33 subsale transactions in 2022, with a median price of RM 990K and a median price per square foot (PSF) of RM 707.
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 990K, with most transactions falling within a stable range of RM 690K to RM 1.29 million, and a typical market range of RM 715K to RM 1.27 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 707, though individual units vary from RM 496 to RM 918 in the core range. The broader market spans RM 510.50 to RM 903.50, indicating diverse property characteristics. A wider spread (IQR: RM 393.00) and deviation (MAD: RM 211) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
