| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 7
|
RM 198,000
|
RM 134
|
1,475 sqft
|
|
|
|
Lorong 3
|
RM 320,000
|
RM 217
|
1,475 sqft
|
|
|
Lorong 5
|
RM 300,000
|
RM 192
|
1,561 sqft
|
|
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Market Snapshot
ResidentialRM 300,000
RM 192 psfMedian transaction price
TAMAN MUHIBBAH, SITIAWAN, Kampung Muhibbah, Simpang Empat / Sitiawan, 32400, Manjung, Perak, Malaysia
Taman Muhibbah, Sitiawan in Manjung, Perak recorded 3 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 192.
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 300K, with most transactions falling within a stable range of RM 247K to RM 320K, and a typical market range of RM 260K to RM 320K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 192, with core pricing between RM 158 and RM 227. Market pricing typically extends from RM 165.21 to RM 219.21, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.