|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Sultan Azlan Shah
|
RM 7,500,000
|
RM 1,348
|
5,565 sqft
|
|
2-Sty Shop |
|
Medan Ipoh 1A
|
RM 2,000,000
|
RM 494
|
4,047 sqft
|
|
3-Sty Shop |
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Market Snapshot
CommercialRM 4,750,000
RM 921 psfMedian transaction price
MEDAN IPOH BISTARI, Medan Ipoh, Ulu Kinta, Kinta, Perak, Malaysia
Medan Ipoh Bistari in Kinta, Perak recorded 2 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 4.75 million and a median price per square foot (PSF) of RM 921.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 4.75 million, with most transactions falling within a stable range of RM 2.00 million to RM 7.50 million, and a typical market range of RM 4.26 million to RM 5.24 million.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 921, though individual units vary from RM 494 to RM 1,348 in the core range. The broader market spans RM 796.82 to RM 1,045.07, indicating diverse property characteristics. A wider spread (IQR: RM 248.25) and deviation (MAD: RM 427) 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.