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 968K to RM 650K, and a typical market range of RM 715K to RM 650K.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 707, with most transactions between RM 689 and RM 725. The usual range is RM 510.50 to RM 903.50, showing that most units are priced quite close to each other. With an IQR of RM 393.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
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.