TAMAN MENGLEMBU TIMUR

TAMAN MENGLEMBU TIMUR in Kinta, Perak recorded 9 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 179.

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 250K, with most transactions falling within a stable range of RM 225K to RM 297K, and a typical market range of RM 225K to RM 306K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 179, with core pricing between RM 145 and RM 213. Market pricing typically extends from RM 141.50 to RM 216.50, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

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.