| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sejahtera 4
|
RM 365,000
|
RM 138
|
2,648 sqft
|
|
|
|
Jalan Sejahtera 3
|
RM 400,000
|
RM 151
|
2,648 sqft
|
|
|
|
Jalan Sejahtera 2
|
RM 650,000
|
RM 245
|
2,648 sqft
|
|
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Market Snapshot
CommercialRM 400,000
RM 151 psfMedian transaction price
Medan Sejahtera, Manjung, Perak
Medan Sejahtera in Manjung, Perak recorded 3 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 151.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 365K to RM 527K, and a typical market range of RM 365K to RM 449K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 151, though individual units vary from RM 103 to RM 199 in the core range. The broader market spans RM 104.56 to RM 197.56, indicating diverse property characteristics. A wider spread (IQR: RM 93.00) and deviation (MAD: RM 48) 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.