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Market Snapshot
ResidentialRM 380,000
RM 221 psfMedian transaction price
TAMAN MEDAN LAPANGAN LAGENDA, Taman Lapangan Melodi, Ulu Kinta, 31350, Kinta, Perak, Malaysia
Taman Medan Lapangan Lagenda in Kinta, Perak recorded 0 subsale transactions in 2021, with a median price of RM 383K and a median price per square foot (PSF) of RM 229.
This area contains both residential and commercial properties. View 8 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 383K, with most transactions falling within a stable range of RM 333K to RM 433K, and a typical market range of RM 289K to RM 476K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 229, with most transactions between RM 208 and RM 251. The usual range is RM 210.38 to RM 247.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.25 and an average deviation (MAD) of RM 22 indicate a highly stable PSF trend across properties.
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.