TAMAN MANJUNG POINT III in Manjung, Perak recorded 12 subsale transactions in 2022, with a median price of RM 305K and a median price per square foot (PSF) of RM 219.
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 305K, with most transactions falling within a stable range of RM 260K to RM 350K, and a typical market range of RM 258K to RM 352K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 219, with core pricing between RM 179 and RM 259. Market pricing typically extends from RM 182.38 to RM 254.63, reflecting moderate variation in unit pricing. The spread of RM 72.25 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
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.