MEDAN PERWIRA in Larut Matang, Perak recorded 1 subsale transactions in 2022, with a median price of RM 640K and a median price per square foot (PSF) of RM 491.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 640K, with most transactions falling within a stable range of RM 460K to RM 820K, and a typical market range of RM 460K to RM 820K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 491, though individual units vary from RM 379 to RM 603 in the core range. The broader market spans RM 372.38 to RM 609.63, indicating diverse property characteristics. The spread of RM 237.25 (IQR) and deviation of RM 112 (MAD) suggest moderate price variations reflecting different property features.
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.
