TAMAN INDAH RAYA 2 (P/L 1929) in Manjung, Perak recorded 4 subsale transactions in 2022, with a median price of RM 454K and a median price per square foot (PSF) of RM 211.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 454K, with most transactions falling within a stable range of RM 374K to RM 534K, and a typical market range of RM 374K to RM 535K.
Most transactions involved cluster house, though some variety exists in the market.
For price per square foot, the median is RM 211, with most transactions between RM 200 and RM 222. The usual range is RM 197.25 to RM 223.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.50 and an average deviation (MAD) of RM 11 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.