TAMAN PELANGI II SITIAWAN in Manjung, Perak recorded 2 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 154.
This area contains both residential and commercial properties. View 6 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 165K to RM 485K, and a typical market range of RM 212K to RM 438K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 154, though individual units vary from RM 118 to RM 190 in the core range. The broader market spans RM 119.38 to RM 188.63, indicating diverse property characteristics. The spread of RM 69.25 (IQR) and deviation of RM 36 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
