PRIMA MERU in Kinta, Perak recorded 24 subsale transactions in 2022, with a median price of RM 213K and a median price per square foot (PSF) of RM 222.
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 213K, with most transactions falling within a stable range of RM 196K to RM 230K, and a typical market range of RM 196K to RM 231K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 222, with most transactions between RM 209 and RM 235. The usual range is RM 209.50 to RM 234.50, 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.