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Market Snapshot
ResidentialRM 420,000
RM 231 psfMedian transaction price
Taman Sri Wangsa 2, Lumut in Manjung, Perak recorded 0 subsale transactions in 2024, with a median price of RM 400K 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 400K, with most transactions falling within a stable range of RM 370K to RM 430K, and a typical market range of RM 375K to RM 425K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 184, though individual units vary from RM 117 to RM 251 in the core range. The broader market spans RM 131.50 to RM 236.50, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.