Area Intelligence

BANDAR IPOH RAYA

3 properties
2022
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Median Price
RM 510,000
PSF: RM 322

Commercial Market

Median Price

RM 510,000

IQR: RM 80
MAD: RM 42
RM 322 PSF 2.2%

PSF Trends (2021-2025)

BANDAR IPOH RAYA in Kinta, Perak recorded 3 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 322.

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 510K, with most transactions falling within a stable range of RM 450K to RM 663K, and a typical market range of RM 465K to RM 555K.

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

For price per square foot, the median is RM 322, with most transactions between RM 304 and RM 340. The usual range is RM 282.00 to RM 362.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR IPOH RAYA, Kinta, Perak

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Transactions

3 properties grouped by size

1,450 sqft
2 units Double Storey Shop
RM 450,000
JALAN MEDAN ISTANA 7
1,442 sqft · RM 312.00 PSF
May 2022
RM 510,000
JALAN MEDAN ISTANA 2
1,442 sqft · RM 354.00 PSF
Mar 2022
2,500 sqft
1 units Double Storey Shop
RM 800,000
MEDAN ISTANA 2
2,486 sqft · RM 322.00 PSF
Mar 2022