PEKAN LANGKAP

PEKAN LANGKAP in Hilir Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 885K and a median price per square foot (PSF) of RM 553.

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 885K, with most transactions falling within a stable range of RM 675K to RM 1.10 million, and a typical market range of RM 761K to RM 1.01 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 553, though individual units vary from RM 422 to RM 684 in the core range. The broader market spans RM 478.75 to RM 627.25, indicating diverse property characteristics. The spread of RM 148.50 (IQR) and deviation of RM 131 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.