TAMAN RENGAS JAYA in Kuala Kangsar, Perak recorded 2 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 212.
This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 260K to RM 320K, and a typical market range of RM 230K to RM 350K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 212, with most transactions between RM 191 and RM 233. The usual range is RM 171.50 to RM 252.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
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.
