| Road | Price | PSF | Size | Date | Type |
|---|
|
Persiaran Muhibbah Jaya 14
|
RM 260,000
|
RM 183
|
1,421 sqft
|
|
|
Prsn Muhibbah Jaya 13
|
RM 230,000
|
RM 150
|
1,528 sqft
|
|
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Market Snapshot
ResidentialRM 245,000
RM 167 psfMedian transaction price
Taman Muhibbah Jaya, Sungai. Siput in Kuala Kangsar, Perak recorded 2 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 167.
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 245K, with most transactions falling within a stable range of RM 230K to RM 260K, and a typical market range of RM 230K to RM 260K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 167, with most transactions between RM 150 and RM 183. The usual range is RM 154.48 to RM 178.98, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 16 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.