TAMAN MEDAN LAPANGAN MULIA in Kinta, Perak recorded 3 subsale transactions in 2022, with a median price of RM 135K and a median price per square foot (PSF) of RM 96.
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 135K, with most transactions falling within a stable range of RM 90K to RM 180K, and a typical market range of RM 101K to RM 169K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 96, though individual units vary from RM 64 to RM 128 in the core range. The broader market spans RM 71.88 to RM 120.13, indicating diverse property characteristics. A wider spread (IQR: RM 48.25) and deviation (MAD: RM 32) 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.
