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Market Snapshot
ResidentialRM 369,000
RM 235 psfMedian transaction price
Arena Tasek Pertama (Tasek Avenue) in Kinta, Perak recorded 0 subsale transactions in 2021, with a median price of RM 369K and a median price per square foot (PSF) of RM 235.
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 369K, with most transactions falling within a stable range of RM 328K to RM 410K, and a typical market range of RM 302K to RM 436K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 235, with most transactions between RM 214 and RM 257. The usual range is RM 210.00 to RM 260.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.