RESIDEN PERDANA (VICTORIA COTTAGE)

RESIDEN PERDANA (VICTORIA COTTAGE) in Manjung, Perak recorded 11 subsale transactions in 2022, with a median price of RM 700K and a median price per square foot (PSF) of RM 202.

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 700K, with most transactions falling within a stable range of RM 325K to RM 1.07 million, and a typical market range of RM 553K to RM 847K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 202, though individual units vary from RM 141 to RM 263 in the core range. The broader market spans RM 151.00 to RM 253.00, indicating diverse property characteristics. A wider spread (IQR: RM 102.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.

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.