| Road | Price | PSF | Size | Date | Type |
|---|
|
Persiaran Mercu Indah 4
|
RM 380,000
|
RM 213
|
1,787 sqft
|
|
|
Persiaran Merchu 2/1
|
RM 1,000,000
|
RM 117
|
8,557 sqft
|
|
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Market Snapshot
ResidentialRM 690,000
RM 165 psfMedian transaction price
Taman Merchu Indah in Kuala Kangsar, Perak recorded 2 subsale transactions in 2023, with a median price of RM 690K and a median price per square foot (PSF) of RM 165.
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 690K, with most transactions falling within a stable range of RM 380K to RM 1.00 million, and a typical market range of RM 500K to RM 880K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 165, though individual units vary from RM 117 to RM 213 in the core range. The broader market spans RM 137.26 to RM 192.26, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 48) 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.