TAMAN SAMUDERA BARU in Manjung, Perak recorded 5 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 184.
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 220K, with most transactions falling within a stable range of RM 180K to RM 260K, and a typical market range of RM 111K to RM 330K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 184, with core pricing between RM 150 and RM 218. Market pricing typically extends from RM 92.50 to RM 275.50, reflecting moderate variation in unit pricing. The spread of RM 183.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
