MEDAN SITIAWAN in Manjung, Perak recorded 1 subsale transactions in 2023, with a median price of RM 586K and a median price per square foot (PSF) of RM 419.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 586K, with most transactions falling within a stable range of RM 403K to RM 769K, and a typical market range of RM 337K to RM 835K.
Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 419, though individual units vary from RM 326 to RM 512 in the core range. The broader market spans RM 321.75 to RM 516.25, indicating diverse property characteristics. The spread of RM 194.50 (IQR) and deviation of RM 93 (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.
