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Market Snapshot
CommercialRM 1,245,000
RM 561 psfMedian transaction price
MEDAN IPOH BISTARI, Medan Ipoh, Ulu Kinta, Kinta, Perak, Malaysia
Medan Ipoh Bistari in Kinta, Perak recorded 0 subsale transactions in 2021, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 561.
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 1.25 million, with most transactions falling within a stable range of RM 740K to RM 1.75 million, and a typical market range of RM 753K to RM 1.74 million.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 561, with most transactions between RM 511 and RM 611. The usual range is RM 436.88 to RM 685.13, showing that most units are priced quite close to each other. With an IQR of RM 248.25 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.