TAMAN PUNDUT RAYA in Manjung, Perak recorded 3 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 207.
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 270K, with most transactions falling within a stable range of RM 258K to RM 283K, and a typical market range of RM 214K to RM 326K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 207, with most transactions between RM 197 and RM 217. The usual range is RM 173.13 to RM 240.88, showing that most units are priced quite close to each other. With an IQR of RM 67.75 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.
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.