KAMPUNG BARU CHENDRONG in Kinta, Perak recorded 1 subsale transactions in 2022, with a median price of RM 85K and a median price per square foot (PSF) of RM 21.
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 85K, with most transactions falling within a stable range of RM 65K to RM 105K, and a typical market range of RM 70K to RM 100K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 21, though individual units vary from RM 16 to RM 26 in the core range. The broader market spans RM 17.50 to RM 24.50, indicating diverse property characteristics. The spread of RM 7.00 (IQR) and deviation of RM 5 (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.
