Perak, Manjung, Simpang Empat / Sitiawan

PEKAN SITIAWAN

Area Intelligence

2022

Median Price

RM 492,000

PSF: RM 208

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Commercial PSF Trends

Median Price

RM 492,000

RM 208 PSF

PEKAN SITIAWAN in Manjung, Perak recorded 1 subsale transactions in 2022, with a median price of RM 492K and a median price per square foot (PSF) of RM 208.

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, with moderate diversity in property types available.

For price per square foot, the median is RM 208, with most transactions between RM 208 and RM 208. The usual range is RM 112.63 to RM 303.38, showing that most units are priced quite close to each other. With an IQR of RM 190.75 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN SITIAWAN, Manjung, Perak

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