RPA PADANG TEMBAK II

RPA PADANG TEMBAK II in Hilir Perak, Perak recorded 2 subsale transactions in 2023, with a median price of RM 105K and a median price per square foot (PSF) of RM 102.

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 105K, with most transactions falling within a stable range of RM 90K to RM 120K, and a typical market range of RM 95K to RM 115K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 102, with core pricing between RM 87 and RM 116. Market pricing typically extends from RM 86.50 to RM 116.50, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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.