|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 100,000
|
RM 74
|
1,356 sqft
|
|
Office |
| 2023 | |||||
|
Level 1
|
RM 120,000
|
RM 88
|
1,356 sqft
|
|
Office |
| 2022 | |||||
|
Level G
|
RM 350,000
|
RM 258
|
1,356 sqft
|
|
Shop |
|
Level UG
|
RM 180,000
|
RM 133
|
1,356 sqft
|
|
Office |
| 2021 | |||||
|
Level 2
|
RM 140,000
|
RM 103
|
1,356 sqft
|
|
Office |
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Market Snapshot
CommercialRM 140,000
RM 103 psfMedian transaction price
Meru Point, Kinta, Perak
Meru Point in Kinta, Perak recorded 5 subsale transactions between 2021 and 2026, sized between 1,325 and 1,374 sqft, with a median price of RM 140K and a median price per square foot (PSF) of RM 103.
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 140K, with most transactions falling within a stable range of RM 100K to RM 230K, and a typical market range of RM 100K to RM 215K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 103, though individual units vary from RM 37 to RM 170 in the core range. The broader market spans RM 50.48 to RM 155.98, indicating diverse property characteristics. A wider spread (IQR: RM 105.50) and deviation (MAD: RM 66) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.