Perak
Manjung
Lumut
TAMAN DESA MANJUNG RAYA

TAMAN DESA MANJUNG RAYA

Area Intelligence

2024

Median Price

RM 450,000

PSF: RM 248

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Residential PSF Trends

Median Price

RM 410,000

PSF: RM 206

Commercial PSF Trends

Median Price

RM 565,000

RM 393 PSF

TAMAN DESA MANJUNG RAYA in Manjung, Perak recorded 8 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 248.

This area contains both residential and commercial properties. View 41 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 391K to RM 500K, and a typical market range of RM 373K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 248, though individual units vary from RM 186 to RM 310 in the core range. The broader market spans RM 191.50 to RM 304.50, indicating diverse property characteristics. A wider spread (IQR: RM 113.00) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN DESA MANJUNG RAYA, Manjung, Perak

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