TAMAN MENGLEMBU TIMUR

TAMAN MENGLEMBU TIMUR in Kinta, Perak recorded 6 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 182.

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 325K, with most transactions falling within a stable range of RM 220K to RM 476K, and a typical market range of RM 269K to RM 381K.

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

The median PSF stands at RM 182, with core pricing between RM 149 and RM 214. Market pricing typically extends from RM 144.00 to RM 219.00, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 32 (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.