RPT CHENDRONG in Kinta, Perak recorded 2 subsale transactions in 2022, with a median price of RM 134K and a median price per square foot (PSF) of RM 25.
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 134K, with most transactions falling within a stable range of RM 111K to RM 157K, and a typical market range of RM 120K to RM 148K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 25, with core pricing between RM 21 and RM 29. Market pricing typically extends from RM 22.50 to RM 27.50, reflecting moderate variation in unit pricing. The spread of RM 5.00 (IQR) and deviation of RM 4 (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.