Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Merah 1/4
|
RM 250,000
|
RM 83
|
3,025 sqft
|
|
2-Sty Shop |
|
Jalan 1/4P
|
RM 100,000
|
RM 23
|
4,316 sqft
|
|
Bungalow |
|
Jalan Merah 1/5
|
RM 250,000
|
RM 66
|
3,778 sqft
|
|
Bungalow |
|
Jalan Hj Abd Wahab 1/2
|
RM 165,000
|
RM 142
|
1,163 sqft
|
|
1-Sty Shop |
|
Jalan Merah 1/2 K
|
RM 80,000
|
RM 20
|
4,040 sqft
|
|
Bungalow |
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Market Snapshot
ResidentialRM 100,000
RM 23 psfMedian transaction price
KAMPUNG BARU BUKIT MERAH, Ulu Kinta, Kinta, Perak, Malaysia
Kampung Baru Bukit Merah in Kinta, Perak recorded 5 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 66.
This area contains both residential and commercial properties. View 18 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 165K, with most transactions falling within a stable range of RM 93K to RM 237K, and a typical market range of RM 128K to RM 203K.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 66, though individual units vary from RM 21 to RM 111 in the core range. The broader market spans RM 44.67 to RM 87.67, indicating diverse property characteristics. A wider spread (IQR: RM 43.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
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.