Area Intelligence

TMN DESA MEKAR

3 properties
2023
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Median Price
RM 380,000
PSF: RM 125

Residential Market

Median Price

RM 380,000

RM 125 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA MEKAR in Kerian, Perak recorded 3 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 125.

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 380K, with most transactions falling within a stable range of RM 375K to RM 380K, and a typical market range of RM 370K to RM 380K.

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

The median PSF stands at RM 125, with core pricing between RM 107 and RM 143. Market pricing typically extends from RM 117.50 to RM 132.50, reflecting moderate variation in unit pricing. With an IQR of RM 15.00 and MAD of RM 18, 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.

Area Location

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TMN DESA MEKAR, Kerian, Perak

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Transactions

3 properties grouped by size

2,400 sqft
1 units Single Storey Semi-D
RM 380,000
JALAN MEKAR 4
2,379 sqft · RM 160.00 PSF
Sep 2023
3,050 sqft
1 units Single Storey Semi-D
RM 380,000
JALAN MEKAR 2
3,046 sqft · RM 125.00 PSF
Jan 2023
3,100 sqft
1 units Single Storey Semi-D
RM 370,000
JALAN MEKAR 3
3,089 sqft · RM 120.00 PSF
Dec 2023