| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Meranti
|
RM 140,000
|
RM 117
|
1,195 sqft
|
|
LC House |
|
Jalan Meranti
|
RM 102,000
|
RM 85
|
1,195 sqft
|
|
LC House |
|
Jalan Meranti
|
RM 100,000
|
RM 84
|
1,195 sqft
|
|
LC House |
|
Jalan Kempas
|
RM 150,000
|
RM 126
|
1,195 sqft
|
|
Terrace |
|
Jalan Meranti
|
RM 100,000
|
RM 79
|
1,270 sqft
|
|
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Market Snapshot
ResidentialRM 102,000
RM 85 psfMedian transaction price
Taman Pelangi Batu Gajah in Kinta, Perak recorded 5 subsale transactions in 2022, with a median price of RM 102K and a median price per square foot (PSF) of RM 85.
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 102K, with most transactions falling within a stable range of RM 100K to RM 124K, and a typical market range of RM 100K to RM 126K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 85, though individual units vary from RM 66 to RM 105 in the core range. The broader market spans RM 68.87 to RM 101.87, indicating diverse property characteristics. The spread of RM 33.00 (IQR) and deviation of RM 19 (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.