CANNING II

CANNING II in Kinta, Perak recorded 4 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 342.

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 500K, with most transactions falling within a stable range of RM 500K to RM 717K, and a typical market range of RM 500K to RM 563K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 342, though individual units vary from RM 168 to RM 516 in the core range. The broader market spans RM 291.88 to RM 392.13, indicating diverse property characteristics. A wider spread (IQR: RM 100.25) and deviation (MAD: RM 174) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.