| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Meranti
|
RM 140,000
|
RM 117
|
1,195 sqft
|
|
|
|
Jalan Meranti
|
RM 125,000
|
RM 105
|
1,195 sqft
|
|
|
Jalan Kempas
|
RM 155,000
|
RM 68
|
2,293 sqft
|
|
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Market Snapshot
ResidentialRM 140,000
RM 105 psfMedian transaction price
Taman Pelangi Batu Gajah in Kinta, Perak recorded 3 subsale transactions in 2023, with a median price of RM 140K and a median price per square foot (PSF) of RM 105.
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 140K, with most transactions falling within a stable range of RM 128K to RM 152K, and a typical market range of RM 125K to RM 155K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 105, though individual units vary from RM 84 to RM 126 in the core range. The broader market spans RM 88.12 to RM 121.12, indicating diverse property characteristics. The spread of RM 33.00 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.