TAMAN MEDAN LAPANGAN MULIA in Kinta, Perak recorded 6 subsale transactions in 2023, with a median price of RM 210K and a median price per square foot (PSF) of RM 85.
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 210K, with most transactions falling within a stable range of RM 165K to RM 255K, and a typical market range of RM 176K to RM 244K.
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 85, though individual units vary from RM 53 to RM 117 in the core range. The broader market spans RM 61.07 to RM 109.32, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
