PRIMA MERU in Kinta, Perak recorded 41 subsale transactions in 2021, with a median price of RM 216K and a median price per square foot (PSF) of RM 225.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 216K, with most transactions falling within a stable range of RM 199K to RM 233K, and a typical market range of RM 199K to RM 234K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 225, with most transactions between RM 212 and RM 238. The usual range is RM 212.50 to RM 237.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.