PEKAN AYER TAWAR in Manjung, Perak recorded 2 subsale transactions in 2024, with a median price of RM 675K and a median price per square foot (PSF) of RM 359.
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 675K, with most transactions falling within a stable range of RM 575K to RM 775K, and a typical market range of RM 548K to RM 803K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 359, with most transactions between RM 351 and RM 367. The usual range is RM 340.50 to RM 376.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 8 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.