TMN SRI PERAK (P/L 2841,2842,2844)

TMN SRI PERAK (P/L 2841,2842,2844) in Manjung, Perak recorded 6 subsale transactions in 2022, with a median price of RM 258K and a median price per square foot (PSF) of RM 138.

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 258K, with most transactions falling within a stable range of RM 191K to RM 325K, and a typical market range of RM 165K to RM 356K.

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

The median PSF stands at RM 138, with core pricing between RM 116 and RM 159. Market pricing typically extends from RM 115.50 to RM 159.50, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.

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.