TAMAN WANGSA SETIA / SETIA TG MALIM in Muallim, Perak recorded 4 subsale transactions in 2022, with a median price of RM 208K and a median price per square foot (PSF) of RM 149.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 208K, with most transactions falling within a stable range of RM 197K to RM 215K, and a typical market range of RM 190K to RM 215K.
Most transactions involved 1 - 1 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 149, with most transactions between RM 141 and RM 156. The usual range is RM 129.00 to RM 168.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 8 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.
