TAMAN SURIA II (P/L 10552) in Manjung, Perak recorded 4 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 218.
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 420K, with most transactions falling within a stable range of RM 275K to RM 565K, and a typical market range of RM 123K to RM 718K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 218, with core pricing between RM 193 and RM 243. Market pricing typically extends from RM 198.50 to RM 237.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.