BANDAR BARU LAPANGAN in Kinta, Perak recorded 82 subsale transactions in 2023, with a median price of RM 593K and a median price per square foot (PSF) of RM 377.
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 593K, with most transactions falling within a stable range of RM 566K to RM 620K, and a typical market range of RM 566K to RM 621K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 377, with most transactions between RM 358 and RM 396. The usual range is RM 357.50 to RM 396.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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. Moderate transaction volume may require patience when buying or selling.