JALAN BALING (PL 347 & 2462)

JALAN BALING (PL 347 & 2462) in Hulu Perak, Perak recorded 2 subsale transactions in 2022, with a median price of RM 870K and a median price per square foot (PSF) of RM 314.

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 870K, with most transactions falling within a stable range of RM 440K to RM 1.30 million, and a typical market range of RM 655K to RM 1.09 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 314, with core pricing between RM 274 and RM 353. Market pricing typically extends from RM 293.75 to RM 333.25, reflecting moderate variation in unit pricing. With an IQR of RM 39.50 and MAD of RM 40, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.