TAMAN SIMPANG DUA in Manjung, Perak recorded 4 subsale transactions in 2022, with a median price of RM 148K and a median price per square foot (PSF) of RM 86.
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 148K, with most transactions falling within a stable range of RM 115K to RM 180K, and a typical market range of RM 118K to RM 177K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 86, though individual units vary from RM 56 to RM 116 in the core range. The broader market spans RM 55.00 to RM 117.00, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 30) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
