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Market Snapshot
ResidentialRM 192,500
RM 45 psfMedian transaction price
Kampung Baru Simpang Jalong in Kuala Kangsar, Perak recorded 0 subsale transactions in 2021, with a median price of RM 193K and a median price per square foot (PSF) of RM 53.
This area contains both residential and commercial properties. View 10 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 193K, with most transactions falling within a stable range of RM 113K to RM 273K, and a typical market range of RM 119K to RM 266K.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 53, though individual units vary from RM 32 to RM 74 in the core range. The broader market spans RM 32.25 to RM 73.75, indicating diverse property characteristics. A wider spread (IQR: RM 41.50) and deviation (MAD: RM 21) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.