BANDAR BARU KK JALAN KK - L/MERBAU in Kuala Kangsar, Perak recorded 2 subsale transactions in 2023, with a median price of RM 373K and a median price per square foot (PSF) of RM 266.
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 373K, with most transactions falling within a stable range of RM 315K to RM 430K, and a typical market range of RM 332K to RM 414K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 266, with core pricing between RM 225 and RM 307. Market pricing typically extends from RM 236.50 to RM 295.50, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
