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Market Snapshot
ResidentialRM 250,000
RM 206 psfMedian transaction price
Taman Cahaya, Muallim, Perak
Taman Cahaya in Muallim, Perak recorded 0 subsale transactions in 2021, with a median price of RM 290K and a median price per square foot (PSF) of RM 206.
This area contains both residential and commercial properties. View 4 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 210K to RM 370K, and a typical market range of RM 228K to RM 353K.
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 206, with most transactions between RM 193 and RM 219. The usual range is RM 199.00 to RM 213.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
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.