Area Intelligence

IPOH GROVE

3 properties
2022
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Median Price
RM 270,000
PSF: RM 154

Residential Market

Median Price

RM 270,000

IQR: RM 18
MAD: RM 10
RM 154 PSF 2.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 590,000

RM 394 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

IPOH GROVE in Kinta, Perak recorded 3 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 154.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 270K, with most transactions falling within a stable range of RM 245K to RM 333K, and a typical market range of RM 245K to RM 304K.

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

The median PSF stands at RM 154, with core pricing between RM 137 and RM 171. Market pricing typically extends from RM 143.63 to RM 164.38, reflecting moderate variation in unit pricing. With an IQR of RM 20.75 and MAD of RM 17, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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IPOH GROVE, Kinta, Perak

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Transactions

3 properties grouped by size

1,550 sqft
1 units Double Storey Terraced
RM 245,000
JALAN GROVE
1,539 sqft · RM 159.00 PSF
Oct 2022
1,750 sqft
1 units Double Storey Terraced
RM 270,000
LORONG GROVE
1,755 sqft · RM 154.00 PSF
Feb 2022
3,250 sqft
1 units Double Storey Terraced
RM 390,000
JLN. GROVE
3,251 sqft · RM 120.00 PSF
Apr 2022