PUSAT PERDAGANGAN MANJUNG POINT 3 in Manjung, Perak recorded 16 subsale transactions in 2022, with a median price of RM 729K and a median price per square foot (PSF) of RM 509.
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 729K, with most transactions falling within a stable range of RM 624K to RM 834K, and a typical market range of RM 596K to RM 862K.
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 509, with most transactions between RM 461 and RM 557. The usual range is RM 469.50 to RM 547.50, showing that most units are priced quite close to each other. With an IQR of RM 78.00 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.
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.