| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 7
|
RM 220,000
|
RM 149
|
1,475 sqft
|
|
|
|
Lorong 6
|
RM 235,000
|
RM 159
|
1,475 sqft
|
|
|
|
Lorong 7
|
RM 230,000
|
RM 156
|
1,475 sqft
|
|
|
Lorong 5
|
RM 350,000
|
RM 224
|
1,561 sqft
|
|
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Market Snapshot
ResidentialRM 232,500
RM 158 psfMedian transaction price
TAMAN MUHIBBAH, SITIAWAN, Kampung Muhibbah, Simpang Empat / Sitiawan, 32400, Manjung, Perak, Malaysia
Taman Muhibbah, Sitiawan in Manjung, Perak recorded 4 subsale transactions in 2023, with a median price of RM 233K and a median price per square foot (PSF) of RM 158.
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 233K, with most transactions falling within a stable range of RM 220K to RM 285K, and a typical market range of RM 220K to RM 273K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 158, with core pricing between RM 127 and RM 188. Market pricing typically extends from RM 130.66 to RM 184.66, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 30 (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.