MEDAN PERWIRA in Larut Matang, Perak recorded 0 subsale transactions in 2022, with a median price of RM 820K and a median price per square foot (PSF) of RM 603.
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 820K, with most transactions falling within a stable range of RM 640K to RM 1.00 million, and a typical market range of RM 640K to RM 1.00 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 603, with core pricing between RM 491 and RM 715. Market pricing typically extends from RM 484.38 to RM 721.63, reflecting moderate variation in unit pricing. 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.
