| Road | Price | PSF | Size | Date | Type |
|---|
|
Taman Muhibbah Fasa 2B
|
RM 228,000
|
RM 119
|
1,916 sqft
|
|
|
Persiaran Kampung Muhibbah 2B/6
|
RM 400,000
|
RM 126
|
3,186 sqft
|
|
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Market Snapshot
ResidentialRM 314,000
RM 122 psfMedian transaction price
Taman Muhibbah Fasa 2B in Kuala Kangsar, Perak recorded 2 subsale transactions in 2023, with a median price of RM 314K and a median price per square foot (PSF) of RM 122.
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 314K, with most transactions falling within a stable range of RM 228K to RM 400K, and a typical market range of RM 267K to RM 361K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 122, with most transactions between RM 119 and RM 126. The usual range is RM 114.40 to RM 130.14, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.75 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.
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.