Area Intelligence

RPA LANGKAP 2

2 properties
2022
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Median Price
RM 210,000
PSF: RM 361

Commercial Market

Median Price

RM 210,000

IQR: RM 134
MAD: RM 69
RM 361 PSF 29.1%

PSF Trends (2021-2025)

RPA LANGKAP 2 in Hilir Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 210K and a median price per square foot (PSF) of RM 361.

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 210K, with most transactions falling within a stable range of RM 170K to RM 250K, and a typical market range of RM 170K to RM 250K.

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

The median PSF stands at RM 361, with core pricing between RM 292 and RM 430. Market pricing typically extends from RM 294.13 to RM 427.88, reflecting moderate variation in unit pricing. The spread of RM 133.75 (IQR) and deviation of RM 69 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RPA LANGKAP 2, Hilir Perak, Perak

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Transactions

2 properties found

Double Storey Shop LORONG 8
RM 250,000
581 sqft Sep 2022
RM 430.00 PSF
Double Storey Shop LORONG 8
RM 170,000
581 sqft Jul 2022
RM 292.00 PSF