Taman Lapangan Pelangi

Sungei Raia, Kinta, Perak, Malaysia

Property Transactions

3 subsales grouped by size · Semi-D →

Median
RM 285,000
PSF
RM 136
Price Size
2,100 sqft
Semi-D
RM 285,000
Lebuh Rapat Baru 20
2,099 sqft · RM 136 PSF
RM 285,000
Lebuh Rapat Baru 20
2,099 sqft · RM 136 PSF
2,650 sqft
Semi-D
RM 520,000
Lebuh Rapat Baru 20
2,626 sqft · RM 198 PSF
Legend Recent Highest Price Highest PSF

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TAMAN LAPANGAN PELANGI, Sungei Raia, Kinta, Perak, Malaysia

Taman Lapangan Pelangi in Kinta, Perak recorded 3 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 136.

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 285K, with most transactions falling within a stable range of RM 285K to RM 396K, and a typical market range of RM 285K to RM 344K.

Most transactions involved 2 - 2 1/2 storey shop2 - 2 1/2, though some variety exists in the market.

Price per square foot shows a median of RM 136, though individual units vary from RM 106 to RM 165 in the core range. The broader market spans RM 120.28 to RM 151.28, indicating diverse property characteristics. The spread of RM 31.00 (IQR) and deviation of RM 29 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.