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Market Snapshot
ResidentialRM 242,500
RM 60 psfMedian transaction price
Kampung Baru Simpang Jalong in Kuala Kangsar, Perak recorded 2 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 60.
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 243K, with most transactions falling within a stable range of RM 225K to RM 260K, and a typical market range of RM 225K to RM 260K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 60, with most transactions between RM 55 and RM 64. The usual range is RM 38.86 to RM 80.36, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
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.