Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi 3
|
RM 240,000
|
RM 150
|
1,604 sqft
|
|
|
Lorong Pelangi 2/6
|
RM 450,000
|
RM 167
|
2,691 sqft
|
|
|
Lorong Pelangi 2/1
|
RM 570,000
|
RM 145
|
3,929 sqft
|
|
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Taman Pelangi Ii Sitiawan in Manjung, Perak recorded 3 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 150.
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 450K, with most transactions falling within a stable range of RM 314K to RM 570K, and a typical market range of RM 337K to RM 563K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 150, with most transactions between RM 140 and RM 159. The usual range is RM 115.01 to RM 184.27, showing that most units are priced quite close to each other. With an IQR of RM 69.25 and MAD of RM 10, 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.