Perak, Manjung, Simpang Empat / Sitiawan

MEDAN SITIAWAN

Area Intelligence

2023

Median Price

RM 586,000

PSF: RM 419

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Commercial PSF Trends

Median Price

RM 586,000

RM 419 PSF

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.

Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 419, with most transactions between RM 419 and RM 419. The usual range is RM 321.75 to RM 516.25, showing that most units are priced quite close to each other. With an IQR of RM 194.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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MEDAN SITIAWAN, Manjung, Perak

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