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Market Snapshot
CommercialRM 670,000
RM 140 psfMedian transaction price
Medan Meru Bistari in Kinta, Perak recorded 1 subsale transactions between 2021 and 2026, sized between 4,775 and 4,824 sqft, with a median price of RM 670K and a median price per square foot (PSF) of RM 140.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 140, with most transactions between RM 140 and RM 140. The usual range is RM 0.00 to RM 295.69, showing that most units are priced quite close to each other. With an IQR of RM 312.25 and MAD of RM 0, 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.