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Market Snapshot
ResidentialRM 474,000
RM 270 psfMedian transaction price
Taman Sejati Makmur in Manjung, Perak recorded 0 subsale transactions in 2021, with a median price of RM 474K and a median price per square foot (PSF) of RM 270.
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 474K, with most transactions falling within a stable range of RM 459K to RM 489K, and a typical market range of RM 274K to RM 674K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 270, with most transactions between RM 261 and RM 279. The usual range is RM 242.50 to RM 297.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 9, 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.