TMN GEMILANG

TMN GEMILANG in Batang Padang, Perak recorded 2 subsale transactions in 2022, with a median price of RM 370K and a median price per square foot (PSF) of RM 124.

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 370K, with most transactions falling within a stable range of RM 240K to RM 500K, and a typical market range of RM 282K to RM 458K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 124, with most transactions between RM 114 and RM 134. The usual range is RM 92.88 to RM 155.13, showing that most units are priced quite close to each other. With an IQR of RM 62.25 and MAD of RM 10, 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.