PUSAT PERNIAGAAN MJG(PT 22973-PT 22975) in Manjung, Perak recorded 5 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 379.
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 550K, with most transactions falling within a stable range of RM 450K to RM 650K, and a typical market range of RM 463K to RM 638K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 379, with core pricing between RM 327 and RM 432. Market pricing typically extends from RM 333.38 to RM 424.63, reflecting moderate variation in unit pricing. With an IQR of RM 91.25 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.
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.