|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Meru Bestari B2
|
RM 795,000
|
RM 300
|
2,648 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Jalan Meru Bestari B2
|
RM 1,100,000
|
RM 415
|
2,648 sqft
|
|
2-Sty Shop |
|
Jalan Meru Bestari B2
|
RM 850,000
|
RM 321
|
2,648 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 850,000
RM 321 psfMedian transaction price
Medan Meru Bistari in Kinta, Perak recorded 3 subsale transactions between 2021 and 2026, sized between 2,625 and 2,674 sqft, with a median price of RM 850K and a median price per square foot (PSF) of RM 321.
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 850K, with most transactions falling within a stable range of RM 795K to RM 983K, and a typical market range of RM 795K to RM 1.10 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 321, with core pricing between RM 271 and RM 371. Market pricing typically extends from RM 164.89 to RM 477.14, reflecting moderate variation in unit pricing. The spread of RM 312.25 (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.