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Market Snapshot
ResidentialRM 425,000
RM 306 psfMedian transaction price
Taman Terus Maju/Maju Bena in Manjung, Perak recorded 2 subsale transactions in 2024, with a median price of RM 425K and a median price per square foot (PSF) of RM 306.
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 425K, with most transactions falling within a stable range of RM 220K to RM 630K, and a typical market range of RM 338K to RM 513K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 306, with most transactions between RM 284 and RM 329. The usual range is RM 253.34 to RM 359.34, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 22, 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.