IPOH PREMIER CITY(BANDAR MERU PRIMA)-PPA1M in Kinta, Perak recorded 8 subsale transactions in 2022, with a median price of RM 498K and a median price per square foot (PSF) of RM 265.
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 498K, with most transactions falling within a stable range of RM 416K to RM 580K, and a typical market range of RM 392K to RM 603K.
Most transactions involved town house, with high diversity across multiple property types.
The median PSF stands at RM 265, with core pricing between RM 215 and RM 315. Market pricing typically extends from RM 223.00 to RM 307.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 50 (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.