TMN IRA

4 properties

2024

Median Price

RM 260,000

PSF: RM 156

Residential Market

Median Price

RM 260,000

IQR: RM 54

MAD: RM 31

RM 156 PSF 3.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

23 properties

9,388,000 txns

Median Price

RM 385,000

+5.4% CAGR

Median PSF

RM 234.00

+1.1% CAGR

Low-Cost House

11 properties

3,200,000 txns

Median Price

RM 270,000

+5.3% CAGR

Median PSF

RM 246.00

+5.5% CAGR

Double Storey Shop

8 properties

4,708,000 txns

Median Price

RM 566,000

-7.1% CAGR

Median PSF

RM 474.00

-0.6% CAGR

Property Type	Properties	Transactions	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	23	9,388,000	RM 385,000 ±15K MAD	+5.41%	RM 234.00 ±3 MAD	+1.06%
Low-Cost House	11	3,200,000	RM 270,000 ±13K MAD	+5.25%	RM 246.00 ±12 MAD	+5.47%
Double Storey Shop	8	4,708,000	RM 566,000	-7.11%	RM 474.00 ±2 MAD	-0.58%

TMN IRA in Perlis, Perlis recorded 4 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 156.

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 260K, with most transactions falling within a stable range of RM 250K to RM 280K, and a typical market range of RM 250K to RM 286K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 156, with core pricing between RM 131 and RM 180. Market pricing typically extends from RM 128.63 to RM 182.38, reflecting moderate variation in unit pricing. The spread of RM 53.75 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.