Perak
Manjung
Sitiawan
TAMAN MANJUNG BARU

TAMAN MANJUNG BARU

Area Intelligence

2023

Median Price

RM 240,000

PSF: RM 172

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Residential PSF Trends

Median Price

RM 240,000

PSF: RM 172

TAMAN MANJUNG BARU in Manjung, Perak recorded 2 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 172.

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 240K, with most transactions falling within a stable range of RM 220K to RM 260K, and a typical market range of RM 220K to RM 260K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 172, with most transactions between RM 157 and RM 186. The usual range is RM 150.25 to RM 192.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

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.

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TAMAN MANJUNG BARU, Manjung, Perak

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