TAMAN MANJUNG BARU in Manjung, Perak recorded 3 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 157.
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 260K, with most transactions falling within a stable range of RM 209K to RM 311K, and a typical market range of RM 197K to RM 323K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 157, with core pricing between RM 135 and RM 180. Market pricing typically extends from RM 135.75 to RM 178.25, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
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.