|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 4
|
RM 70,000
|
RM 141
|
495 sqft
|
|
LC Flat |
|
Level 4
|
RM 37,000
|
RM 51
|
721 sqft
|
|
LC Flat |
|
Level 5
|
RM 70,000
|
RM 99
|
710 sqft
|
|
LC Flat |
|
Level 4
|
RM 45,000
|
RM 63
|
717 sqft
|
|
Flat |
|
Level 4
|
RM 34,000
|
RM 47
|
721 sqft
|
|
LC Flat |
|
Level 4
|
RM 34,000
|
RM 47
|
721 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 41,000
RM 57 psfMedian transaction price
Rumah Pangsa Menglembu in Kinta, Perak recorded 6 subsale transactions in 2021, with a median price of RM 41K and a median price per square foot (PSF) of RM 57.
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 41K, with most transactions falling within a stable range of RM 34K to RM 57K, and a typical market range of RM 34K to RM 53K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 57, though individual units vary from RM 22 to RM 92 in the core range. The broader market spans RM 35.27 to RM 78.77, indicating diverse property characteristics. A wider spread (IQR: RM 43.50) and deviation (MAD: RM 35) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.