| Road | Price | PSF | Size | Date | Type |
|---|
|
Rpa Redang Panjang
|
RM 60,000
|
RM 57
|
1,055 sqft
|
|
|
|
Jalan Redang Pjg - Lenggong
|
RM 80,000
|
RM 76
|
1,055 sqft
|
|
|
|
Rpa Redang Panjang
|
RM 58,000
|
RM 55
|
1,055 sqft
|
|
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Market Snapshot
ResidentialRM 60,000
RM 57 psfMedian transaction price
Rpa Redang Panjang in Selama, Perak recorded 3 subsale transactions in 2022, with a median price of RM 60K and a median price per square foot (PSF) of RM 57.
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 60K, with most transactions falling within a stable range of RM 58K to RM 70K, and a typical market range of RM 58K to RM 72K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 57, with core pricing between RM 47 and RM 66. Market pricing typically extends from RM 45.38 to RM 68.38, reflecting moderate variation in unit pricing. The spread of RM 23.00 (IQR) and deviation of RM 9 (MAD) suggest moderate price variations reflecting different property features.
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.